DBRS Rates Brookfield Asset Management Inc.’s Planned $125 Million Issue of Preference Shares Pfd-2 (low), Stable Trend

DBRS has today assigned a rating of Pfd-2 (low) to the $125 million 7.00% cumulative five-year rate-reset preference shares, Series 22 (the Series 22 Preferred Shares), issued by Brookfield Asset Management Inc. (Brookfield or the Company). The trend is Stable.

The Series 22 Preferred Shares rank on parity with every other series of the Company’s preferred shares.

The proceeds from this issue will be used for general corporate purposes,

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is General Rating Methodology for Non-Financial Companies, which can be found on our website under Methodologies.

This is a Corporate rating.