Brookfield Corporation Announces Redemption Price for Notes due April 1, 2024
13 Julho 2023 - 5:15PM
Brookfield Corporation Announces Redemption Price for Notes due
April 1, 2024
Brookfield Corporation (NYSE: BN, TSX: BN) announced today the
following redemption price for the redemption of a $550 million
principal amount of its Notes due April 1, 2024 co-issued by its
subsidiaries, Brookfield Finance Inc. and Brookfield Finance LLC
(the “Notes”) (per $1,000 principal amount), which will be
completed on July 14, 2023:
Redemption price:
$1,000.00Accrued and unpaid interest: $11.44Total redemption price
and accrued and unpaid interest: $1,011.44
Pursuant to the procedures of The Depository
Trust Company (“DTC”) for partial early redemption of debt issues,
the individual book entry holdings to be redeemed will be selected
on a lottery basis. Following the redemption, there will be $200
million principal amount of the Notes outstanding. The redemption
was previously announced and is more fully described in Brookfield
Corporation’s news release of June 14, 2023. Additional terms and
conditions were contained in the notice of redemption.
Non-registered holders (banks, brokerage firms
or other financial institutions) who maintain their interests in
the Notes through DTC should contact their DTC customer service
representative with any questions about the redemption.
This news release does not constitute an offer
to sell or a solicitation of an offer to buy any securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
About Brookfield
Corporation
Brookfield Corporation (NYSE: BN, TSX: BN) is
focused on compounding capital over the long term to earn
attractive total returns for our shareholders. Today, our capital
is deployed across three businesses – Asset Management, Insurance
Solutions and our Operating Businesses, generating substantial and
growing free cash flows, all of which is underpinned by a
conservatively capitalized balance sheet.
For more
information, please contact: |
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Communications & Media |
Investor Relations |
Kerrie McHugh Hayes |
Linda Northwood |
Tel: (212) 618-3469 |
Tel: (416) 359-8647 |
Email: kerrie.mchugh@brookfield.com |
Email: linda.northwood@brookfield.com |
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