BAM.A Brookfield Asset Management Inc

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE
UNITED STATES


Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) announced
today an offering of C$350 million of senior notes (unsecured) ("notes") with an
October 2020 maturity and a yield of 5.3%. 


The notes have been assigned a credit rating of Baa2 (stable outlook) by
Moody's; A- (negative outlook) by Standard & Poor's; BBB (stable outlook) by
Fitch; and A low (stable outlook) by DBRS.


The notes are being offered through a syndicate of agents led by CIBC World
Markets Inc., RBC Capital Markets and TD Securities Inc. 


The net proceeds of the issue will be used to refinance existing indebtedness
and for general corporate purposes. 


This news release does not constitute an offer to sell or the solicitation of an
offer to buy the securities in any jurisdiction. The securities being offered
have not been approved or disapproved by any regulatory authority nor has any
such authority passed upon the accuracy or adequacy of the short form base shelf
prospectus or the prospectus supplement. The securities have not been and will
not be registered under the United States Securities Act of 1933, as amended
(the "U.S. Securities Act") or any state securities laws and may not be offered
or sold within the United States or to United States persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


About Brookfield Asset Management

Brookfield Asset Management Inc., focused on property, power and infrastructure
assets, has over US$100 billion of assets under management and is listed on the
New York and Toronto Stock Exchanges under the symbols BAM and BAM.A,
respectively, and on NYSE Euronext under the symbol BAMA. For more information,
please visit the Company's website at www.brookfield.com. 


Forward-looking Statements

Note: This news release contains forward-looking information within the meaning
of Canadian provincial securities laws and "forward-looking statements" within
the meaning of Section 27A of the U.S. Securities Act of 1933, as amended,
Section 21E of the U.S. Securities Exchange Act of 1934, as amended, "safe
harbor" provisions of the United States Private Securities Litigation Reform Act
of 1995 and in any applicable Canadian securities regulations. Conditional verbs
such as "may" and "will", and other expressions are predictions of or indicate
future events, trends or prospects or identify forward-looking statements.
Forward-looking statements in this news release include statements in regards to
the use of the net proceeds from the offering described in this news release and
restrictions on the registration, sale and offer of the notes in the United
States. Although Brookfield Asset Management believes that its anticipated
future results, performance or achievements expressed or implied of such assets
by the forward-looking statements and information are based upon reasonable
assumptions and expectations, the reader should not place undue reliance on
forward-looking statements and information as such statements and information
involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the company to differ
materially from anticipated future results, performance or achievement expressed
or implied by such forward-looking statements and information.


Factors that could cause actual results to differ materially from those
contemplated or implied by forward-looking statements include: economic and
financial conditions in the countries in which we do business; the behaviour of
financial markets, including fluctuations in interest and exchange rates;
availability of equity and debt financing; strategic actions including
dispositions; the ability to complete and effectively integrate acquisitions
into existing operations and the ability to attain expected benefits; tenant
renewal rates, availability of new tenants to fill office property vacancies,
tenant bankruptcies, adverse hydrology conditions; regulatory and political
factors within the countries in which the company operates; acts of God, such as
earthquakes and hurricanes; the possible impact of international conflicts and
other developments including terrorist acts; changes in accounting policies to
be adopted under International Financial Reporting Standards and other risks and
factors detailed from time to time in the company's form 40-F filed with the
Securities and Exchange Commission as well as other documents filed by the
company with the securities regulators in Canada and the United States including
the company's most recent Management's Discussion and Analysis of Financial
Results under the heading "Business Environment and Risks."


We caution that the foregoing list of factors that may affect future results is
not exhaustive. When relying on our forward-looking statements to make decisions
with respect to Brookfield Asset Management, investors and others should
carefully consider the foregoing factors and other uncertainties and potential
events. Except as required by law, the company undertakes no obligation to
publicly update or revise any forward-looking statements or information, whether
written or oral, as a result of new information, future events or otherwise.


For more information, please visit our web site at www.brookfield.com.

Brookfield Asset Managem... (TSX:BAM.A)
Historical Stock Chart
Von Jun 2024 bis Jul 2024

Brookfield Asset Managem... (TSX:BAM.A)
Historical Stock Chart
Von Jul 2023 bis Jul 2024