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Brookfield Corporation ( (TSE:BN) ) has issued an announcement.
Brookfield Finance Inc., a subsidiary of Brookfield Corporation, has announced the issuance of US$700,000,000 in 6.300% Fixed-to-Fixed Reset Rate Subordinated Notes due in 2055. These notes are guaranteed by Brookfield Corporation and are structured to allow for interest deferral and optional redemption under certain conditions. The proceeds from this issuance will be used for general corporate purposes, potentially impacting Brookfield’s financial flexibility and market positioning.
More about Brookfield Corporation
YTD Price Performance: 48.25%
Average Trading Volume: 1,713,822
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $89.28B
For an in-depth examination of BN stock, go to TipRanks’ Stock Analysis page.
