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Published on 4/7/2021 in the Prospect News Agency Daily, Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News Green Finance Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

S&P gives Brookfield Finance notes A-

S&P said it assigned its A- debt rating to Brookfield Finance Inc.'s proposed senior unsecured notes due 2031. Market conditions will determine the issuance's size, but for its analysis, S&P said it estimates the offering will be $500 million.

Parent Brookfield Asset Management Inc. will guarantee the notes’ payment of principal, premium, if any, and interest and specific other amounts.

Brookfield Asset intends to use the proceeds to finance or refinance recently completed and future green projects.


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