Core Viewpoint - Brookfield Corporation has announced a public offering of $500 million in senior notes due 2055, with an interest rate of 5.813% per annum [1][2]. Group 1: Offering Details - The notes will be issued by Brookfield Finance Inc., a wholly owned subsidiary of Brookfield, and will be fully guaranteed by Brookfield [2]. - The net proceeds from the sale will be utilized for general corporate purposes [2]. - The offering is expected to close on March 3, 2025, pending customary closing conditions [2]. Group 2: Regulatory Information - The notes are being offered under Brookfield's existing base shelf prospectus filed in the U.S. and Canada [3]. - In the U.S., the offering is made pursuant to an effective registration statement on Form F-10 filed with the U.S. Securities and Exchange Commission [3]. Group 3: Company Overview - Brookfield Corporation is a leading global investment firm focused on building long-term wealth through three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, business and industrial services, and real estate [5]. - The company has a track record of delivering over 15% annualized returns to shareholders for more than 30 years, supported by extensive operational experience and a conservatively managed balance sheet [6].
Brookfield Corporation Announces Pricing of $500 Million Notes Due 2055