Brookfield Asset Management Ltd. announced a $1 billion senior notes offering on April 14, 2026, comprising $550 million of new 4.832% notes due 2031 and a $450 million re-opening of its existing 5.298% notes due 2036.
Key takeaways
The company is issuing $550 million in new 4.832% senior unsecured notes due April 15, 2031.
Brookfield is re-opening its existing 5.298% senior notes due January 15, 2036, adding $450 million to the series, bringing the total outstanding to $850 million.
The net proceeds from the $1 billion offering will be used for general corporate purposes.
The notes include standard covenants: change of control put at 101%, negative pledge, and restrictions on consolidation/merger/sale of substantially all assets.
The 2036 Notes will accrue interest from November 18, 2025, and both note series are expected to settle on April 17, 2026 (T+3).