Monday, November 27, 2023 7:23:43 PM
BN -0.87% Nov. 27, 2023 5:36 PM ET
https://stockcharts.com/h-sc/ui?s=BN
Brookfield (NYSE:BN) on Monday announced the pricing of a public offering of $700M principal amount of senior notes due 2034, which will bear interest at a rate of 6.350% per annum.
The net proceeds from the sale of the notes will be used to refinance existing indebtedness, including upcoming 2024 maturities, and will leave only modest maturities through to the end of 2025.
The offering is expected to close on or about December 4.
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