04:16 AM EDT, 03/16/2026 (MT Newswires) -- (Updates to add Brookfield Asset Management's ( BAM ) comment in the fifth paragraph)

Brookfield Asset Management ( BAM ) is seeking a loan of about $800 million to support its proposed acquisition of air cargo specialist World Freight, Bloomberg reported Friday, citing people familiar with the matter.

The report said the investment firm is in discussions with lenders for a facility that could have a five-year tenor and may be covenant-lite, giving the borrower greater flexibility with fewer performance requirements.

Terms are still being negotiated and could change, it added.

Brookfield is in talks to acquire World Freight from EQT AB and PAI Partners, which are seeking a valuation of about $1.2 billion to $1.3 billion for the company, according to Bloomberg.

Brookfield Asset Management ( BAM ) declined to comment.

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