DBRS Finalizes Rating on Brookfield Asset Management’s New Issue at Pfd-2 (low), Stable Trend

DBRS has today finalized its provisional rating of Pfd-2 (low) on the Cumulative Class A Rate-Reset Preference Shares, Series 30 (the Series 30 Preferred Shares), issued by Brookfield Asset Management Inc. (Brookfield). The trend is Stable.

The assignment of the finalized rating confirms that the final documentation provided by Brookfield is consistent with that which DBRS had already reviewed when the provisional rating was assigned to the issue on October 24, 2011.

The Series 30 Preferred Shares will rank pari passu with all other series of Brookfield’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 General Rating Methodology for Non-Financial Companies, which can be found on our website under Methodologies.