Parties
Company
Brookfield Finance Inc.
Bank
Wells Fargo Securities
Bank
SMBC Nikko Securities America, Inc.
Bank
Citigroup Global Markets Inc.
Bank
Deutsche Bank Securities Inc.
Bank
Banco Bradesco BBI S.A.
Bank
BNP Paribas Securities Corp.
Bank
Desjardins Securities Inc.
Bank
Itau BBA USA Securities, Inc.
Bank
Mizuho Securities USA LLC,
Bank
MUFG Securities Americas Inc.
Bank
National Bank of Canada Financial Inc.
Company
Natixis Securities Americas LLC
Bank
Santander US Capital Markets LLC
Company
SG Americas Securities, LLC
Bank
Wells Fargo Securities Canada
On February 26, 2024, Brookfield Finance Inc. (BFI), fully guaranteed by Brookfield Corporation, issued $750 million (approximately CAD 1.01 billion) in senior unsecured notes maturing on March 4, 2054, at a fixed interest rate of 5.968%. The offering raised net proceeds of approximately $742.8 million (about CAD 1.00 billion) after deducting underwriting fees and estimated expenses, and the funds were intended for general corporate purposes. The underwriters for the transaction included Wells Fargo Securities, SMBC Nikko Securities America, Citigroup Global Markets, Deutsche Bank Securities, Banco Bradesco BBI, BNP Paribas Securities, Desjardins Securities, Itau BBA USA Securities, Mizuho Securities USA, MUFG Securities Americas, National Bank of Canada Financial, Natixis Securities Americas, Santander US Capital Markets, and SG Americas Securities. Legal counsel included Torys LLP for BFI and Goodmans LLP for the underwriters.
Deal Type
Public/Private OfferingIndustry
Banking/FinanceTransaction
$ 1,010,000,000Deal Status
ClosedClosing Date
04 March 2024