On December 12, 2022, Brookfield Finance II Inc. (“BFI II”) announced the issuance of C$1 billion in medium-term notes, fully and unconditionally guaranteed by Brookfield Corporation. The unsecured notes were offered under BFI II’s medium-term note program and will mature on dates of at least one year from issuance. The offering was conducted through a syndicate of agents including CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc., Mizuho Securities Canada Inc., MUFG Securities (Canada) Ltd., SMBC Nikko Securities Canada Ltd., iA Private Wealth Inc., and Sera Global Securities Canada LP. The notes were rated A- (stable) by S&P and Fitch, A3 (stable) by Moody’s, and A (low) (stable) by DBRS Limited.

Legal counsel for BFI II was Torys LLP, while the agents were advised by Goodmans LLP. Proceeds from the issuance will be used for general corporate purposes.