Brookfield Corporation Announces Pricing of $450 Million Notes Due 2035 and $200 Million Re-Opening of Notes Due 2054
Brookfield Corporation Class A Limited Voting Shares (BN)
Company Research
Source: GlobeNewswire
BROOKFIELD, NEWS, June 17, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $450 million principal amount of senior notes due 2035 (the “2035 notes”), which will bear interest at a rate of 5.675% per annum, and the pricing of a $200 million re-opening of its 5.968% notes due 2054 (the “2054 notes” and together with the 2035 notes, the “notes”). The 2054 notes will form part of the same series as the already outstanding US$750 million principal amount of 5.968% notes due 2054 (the “existing notes”), which were issued on March 4, 2024. After giving effect to the re-opening, the aggregate principal amount of the series will be US$950 million. The terms of the 2054 notes will be identical to the existing notes, other than the issue date and the issue price. The 2054 notes will be issued at a price equal to 101.435% of their face value plus accrued and unpaid interest from March 4, 2024 (the issue date
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BN
Earnings
- 5/9/24 - Miss
BN
Sec Filings
- 6/21/24 - Form 6-K
- 6/18/24 - Form 6-K
- 6/18/24 - Form 6-K
- BN's page on the SEC website