Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) has announced the pricing of a public offering of $750 million principal amount of senior notes due 2055. The notes will bear interest at a rate of 6.077% per annum. The net proceeds from the sale of the notes will be used for general corporate purposes, and the offering is expected to close on September 9, 2025, subject to the satisfaction of customary closing conditions.
The offering is being made under BAM’s existing base shelf prospectus filed in the United States and Canada and pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission (File No. 333-287429).
Brookfield Asset Management Ltd. is a leading global alternative asset manager with over $1 trillion of assets under management across infrastructure, renewable power and transition, private equity, real estate, and credit. The company invests client capital for the long-term with a focus on real assets and essential service businesses.
The sale of the notes does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor will there be any sale of these notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Investors are directed to read the documents and other public filings by BAM for more complete information about BAM and this offering. As a result of these announcements, the company's shares have moved 0.85% on the market, and are now trading at a price of $59.01. For the full picture, make sure to review Brookfield Asset Management's 8-K report.
