DBRS Rates Brookfield Asset Management Inc.’s $425 Million New Issue A (low), Stable Trend

DBRS has today assigned a rating of A (low) to the $425 million 3.95% unsecured medium-term notes (the Notes) maturing April 9, 2019, issued today by Brookfield Asset Management Inc. (Brookfield). The trend is Stable.

The Notes will rank pari passu with all of Brookfield’s other unsecured and unsubordinated obligations. Proceeds will be used primarily to repay its USD 350 million debt maturing June 15, 2012, and other corporate indebtedness.

Notes:
All figures are in Canadian dollars unless otherwise noted.

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