IPO - Brookfield Asset Management Ltd.
Form Type: SUPPL
Filing Date: 2025-04-22
Corporate Action: Ipo
Type: New
Accession Number: 000119312525087992
Filing Summary: Brookfield Asset Management Ltd. is making an offering of a new series of notes due 2035, with significant details surrounding their issuance and financial management. The notes do not have an established trading market and will not be listed on a securities exchange, which may impact their liquidity and pricing. The notes offering is designed to comply with regulatory requirements in both Canada and the United States, reflecting a strategic move toward expanding their financing capabilities. The document outlines various involved financial terms, interest payment schedules, and risks associated with investing in the notes, emphasizing the importance of investor awareness regarding potential gains and exposure to market fluctuations. The offering is positioned within a broader strategy that includes BAM's acquisition of interests from Brookfield Corporation, indicating a shift in ownership structure that may influence future performance and governance of the company.
Additional details:
Interest Payment Dates: each June 1 and December 1
Maturity Date: 2035-12-01
Redemption Price: 101% of their principal amount
Notes Details: new series of securities with no established trading market
Public Offering Price: US$ TBD
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