Brookfield Asset Management Announces Pricing of US$150 Million Re-Opening of 4.350% Notes Due April 15, 2030
Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
US:NYSE Investor Relations:
bam.brookfield.com/en
Company Research
Source: GlobeNewswire
BROOKFIELD NEWS, April 09, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the pricing of a US$150 million re-opening of its 4.350% notes due 2030 (the “additional notes”) due to investor demand. The additional notes will form part of the same series as the already outstanding US$600 million principal amount of 4.350% notes due 2030 (the “existing notes”), which were announced on April 7, 2020 and issued on April 9, 2020. After giving effect to the re-opening, the aggregate principal amount of the series will be US$750 million. The terms of the additional notes will be identical to the existing notes, other than the issue date and issue price. The additional notes will be issued at a price equal to 99.878% of their face value plus accrued and unpaid interest from April 9, 2020 (the issue date of the existing notes) through, but excluding, the date of delivery of such notes, with an effective yield of 4.365%, if held t
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