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Brookfield Prices $450 Million Senior Notes, $200 Million Re-Opening of Notes
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Brookfield Prices $450 Million Senior Notes, $200 Million Re-Opening of Notes
Jun 18, 2024 1:46 AM

04:24 AM EDT, 06/18/2024 (MT Newswires) -- Brookfield (BN) said late Monday it priced a public offering of $450 million of 5.675% senior notes due 2035 and a $200 million re-opening of its 5.968% notes due 2054.

The 2054 notes are part of the same series of $750 million of notes due 2054 that were issued on March 4, the company said. After giving effect to the re-opening, the aggregate principal amount of the series will be $950 million.

The company aims to use the proceeds from the sale of the notes for general corporate purposes. The offering is expected to close on Friday.

Price: 40.51, Change: -0.55, Percent Change: -1.34

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