DBRS Assigns A (low) Rating to Brookfield Finance Inc.'s USD 1.0 Billion Senior Unsecured Notes

DBRS Limited (DBRS) assigned an A (low) rating with a Stable trend to Brookfield Finance Inc.’s USD 650 million 3.90% Senior Unsecured Notes due January 25, 2028, and to its USD 350 million re-opening of 4.70% Senior Unsecured Notes due September 20, 2047 (collectively, the Notes). The net proceeds from the note issuance will be used for general corporate purposes.

The assigned rating is based on the A (low) Issuer Rating of Brookfield Asset Management Inc., which fully and unconditionally guarantees the Notes.

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

The principal methodologies are Rating Entities in the Real Estate Industry, DBRS Criteria: Commercial Paper Liquidity Support for Non-Bank Issuers, Rating Companies in the Independent Power Producer Industry, Rating Container Terminal Operators, Rating Companies in the Regulated Electric, Natural Gas and Water Utilities Industry, DBRS Criteria: Rating Corporate Holding Companies and Their Subsidiaries, Rating Companies in the Pipeline and Diversified Energy Industry, DBRS Criteria: Preferred Share and Hybrid Security Criteria for Corporate Issuers, DBRS Criteria: Guarantees and Other Forms of Support and Rating Companies in the Railway Industry, which can be found dbrs.com under Methodologies.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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