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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.
Parties
Company
Brookfield Finance Inc.
Bank
BofA Securities, Inc.
Bank
Citigroup Global Markets Inc.
Bank
Mizuho Securities USA LLC
Bank
SMBC Nikko Securities America, Inc.
Company
Brookfield Securities LLC
Bank
Banco Bradesco BBI S.A.
Bank
BNP Paribas Securities Corp.
Bank
Credit Agricole Securities (USA) Inc.
Bank
Desjardins Securities Inc.
Bank
Itau BBA USA Securities, Inc.
Bank
MUFG Securities Americas Inc.
Bank
National Bank of Canada Financial Inc.
Bank
Natixis Securities Americas LLC
Bank
Santander US Capital Markets LLC
Bank
SG Americas Securities, LLC
Company
Brookfield Corporation
Deal Type
Financing/InvestmentIndustry
Banking/FinanceTransaction
$ 895,867,769Deal Status
ClosedClosing Date
20 August 2025