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Brookfield Finance completes pricing of US$650 million notes offering due 2036

On August 13, 2025, Brookfield Finance Inc. (BFI), an indirect wholly owned subsidiary of Brookfield Corporation, announced a public offering of US$650 million (approximately C$895,867,769) aggregate principal amount of 5.330% senior notes due January 15, 2036. The notes are fully and unconditionally guaranteed by Brookfield Corporation. The offering closed on August 20, 2025. The notes were issued at 99.926% of the principal, resulting in gross proceeds of US$649,519,000 (about C$895,307,180). After deducting underwriting fees of US$4,225,000 (about C$5,822,624), net proceeds to BFI before expenses were US$645,294,000 (approximately C$889,463,917). The effective yield, if held to maturity, is 5.340%. Interest will be paid semi-annually on January 15 and July 15, starting January 15, 2026.

The notes were offered under Brookfield and the issuer’s existing base shelf prospectus filed in the United States and Canada, and pursuant to an effective registration statement on Form F-10 with the U.S. Securities and Exchange Commission.

Joint book-running managers were BofA Securities, Citigroup Global Markets, Mizuho Securities USA, and SMBC Nikko Securities America. Co-managers included Brookfield Capital Solutions, Bradesco BBI, BNP Paribas, Crédit Agricole CIB, Desjardins Capital Markets, Itaú BBA, MUFG, National Bank of Canada Financial Markets, Natixis, Santander, and Société Générale. Legal counsel for BFI was Torys LLP, while the underwriters were advised by Skadden, Arps, Slate, Meagher & Flom LLP and Goodmans LLP.

Bank

BofA Securities, Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Bill Gorman

Bank

Citigroup Global Markets Inc.

Law Firm / Organization
Goodmans LLP

Bank

Mizuho Securities USA LLC

Law Firm / Organization
Goodmans LLP

Bank

SMBC Nikko Securities America, Inc.

Law Firm / Organization
Goodmans LLP

Company

Brookfield Securities LLC

Law Firm / Organization
Goodmans LLP

Bank

Banco Bradesco BBI S.A.

Law Firm / Organization
Goodmans LLP

Bank

BNP Paribas Securities Corp.

Law Firm / Organization
Goodmans LLP

Bank

Credit Agricole Securities (USA) Inc.

Law Firm / Organization
Goodmans LLP

Bank

Desjardins Securities Inc.

Law Firm / Organization
Goodmans LLP

Bank

Itau BBA USA Securities, Inc.

Law Firm / Organization
Goodmans LLP

Bank

MUFG Securities Americas Inc.

Law Firm / Organization
Goodmans LLP

Bank

National Bank of Canada Financial Inc.

Law Firm / Organization
Goodmans LLP

Bank

Natixis Securities Americas LLC

Law Firm / Organization
Goodmans LLP

Bank

Santander US Capital Markets LLC

Law Firm / Organization
Goodmans LLP

Bank

SG Americas Securities, LLC

Law Firm / Organization
Goodmans LLP
Financing/Investment
Banking/Finance
$ 895,867,769
Closed
20 August 2025