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Published on 6/14/2023 in the Prospect News Agency DailyProspect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Fitch gives A- to Brookfield notes

Fitch Ratings said it assigned a rating of A- to Brookfield Capital Finance LLC's $550 million of unsecured debt. The issuance has a coupon of 6.087% and matures in 2033.

The agency assigned an A- preliminary rating on June 7.

The proceeds are expected to be used for general corporate purposes, including the repayment of debt. Brookfield Capital is a debt-issuing subsidiary of Brookfield Corp.

The outlook is stable.


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