Key Takeaways
- • Brookfield Asset Management priced a two-tranche debt offering totaling $1.0 billion: $600 million of senior notes due 2030 at 4.653% and $400 million of senior notes due 2036 at 5.298%.
- • The offering represents a capital raise by one of the world's largest alternative asset managers, with over $1 trillion in assets under management, leveraging its existing shelf prospectus filed with the SEC and Canadian regulators.
- • Net proceeds will be deployed for general corporate purposes, with closing expected on November 18, 2025, subject to customary closing conditions.
- • Citigroup Global Markets Inc. served as joint book-running manager and underwriter for the public offering, which was conducted under BAM's Form F-10 registration statement.
Summary
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced on November 13, 2025, the successful pricing of a $1.0 billion senior notes offering in two tranches. The New York-headquartered alternative asset manager, which manages over $1 trillion in assets, offered $600 million of senior notes maturing in 2030 with a coupon of 4.653% per annum, alongside a $400 million tranche of senior notes due 2036 bearing interest at 5.298% per annum.
The offering follows BAM's established capital markets strategy, utilizing its existing base shelf prospectus previously filed with both the U.S. Securities and Exchange Commission and Canadian securities regulators. The registration statement on Form F-10 (File No. 333-287429) provides the legal framework for this and future offerings. Citigroup Global Markets Inc. served as joint book-running manager and underwriter for the transaction.
Brookfield indicated that the net proceeds from the notes sale will support general corporate purposes, which typically include refinancing activities, acquisitions, or debt management for the diversified alternative asset management firm. The offering was expected to close on November 18, 2025, pending satisfaction of customary closing conditions. Complete offering documentation, including the prospectus supplement and base prospectus, is available through the SEC's EDGAR database and Canada's SEDAR+ filing system, providing institutional investors with full transparency regarding the terms and conditions of the notes.
The offering follows BAM's established capital markets strategy, utilizing its existing base shelf prospectus previously filed with both the U.S. Securities and Exchange Commission and Canadian securities regulators. The registration statement on Form F-10 (File No. 333-287429) provides the legal framework for this and future offerings. Citigroup Global Markets Inc. served as joint book-running manager and underwriter for the transaction.
Brookfield indicated that the net proceeds from the notes sale will support general corporate purposes, which typically include refinancing activities, acquisitions, or debt management for the diversified alternative asset management firm. The offering was expected to close on November 18, 2025, pending satisfaction of customary closing conditions. Complete offering documentation, including the prospectus supplement and base prospectus, is available through the SEC's EDGAR database and Canada's SEDAR+ filing system, providing institutional investors with full transparency regarding the terms and conditions of the notes.
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