DBRS Provisionally Rates Brookfield Asset Management’s Planned Issue Pfd-2 (low)

DBRS has today assigned a provisional rating of Pfd-2 (low) to the proposed issue of up to $250 million cumulative Class A rate-reset preference shares, Series 26 (the Series 26 Preferred Shares) by Brookfield Asset Management Inc. (Brookfield or the Company). The trend is Stable.

The proposed Series 26 Preferred Shares will 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 Canadian dollars unless otherwise noted.

The applicable methodology is Rating Parent/Holding Companies and Their Subsidiaries, which can be found on our website under Methodologies.