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Brookfield Corporation Announces Pricing of C$500 Million of Medium-Term Notes Due 2036 and C$250 Million Re-Opening of Medium-Term Notes Due 2055

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Brookfield Corporation (NYSE: BN) priced C$500 million of medium-term notes due April 21, 2036 at a 4.803% coupon and a C$250 million re-opening of 5.399% notes due December 11, 2055.

The 2055 series will total C$900 million after the re-opening; the 2055 reopening priced at 99.495% with a 5.433% effective yield. Brookfield intends to use proceeds for general corporate purposes.

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Positive

  • Issued C$500M 2036 notes at a 4.803% coupon
  • Re-opened C$250M 2055 notes; series now totals C$900M
  • Expected credit ratings: S&P A-, Fitch A-, Moody’s A3, DBRS A

Negative

  • Increased long-term obligations by C$750M aggregate principal
  • 2055 reopening issued below par at 99.495%, raising effective yield to 5.433%

News Market Reaction – BN

+1.39%
+1.39% Session close to close

In the Apr 17 session, BN gained 1.39%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details Brookfield Corporation’s pricing of C$500 million of 2036 notes and a C$25...
Analysis

This announcement details Brookfield Corporation’s pricing of C$500 million of 2036 notes and a C$250 million re-opening of 2055 notes, both carrying investment-grade ratings and coupons of 4.803% and 5.399%, respectively. The proceeds are earmarked for general corporate purposes. Investors may track how this added debt fits into Brookfield’s overall capital structure, future refinancing needs, and upcoming catalysts such as scheduled earnings disclosures and capital-deployment updates.

Key Figures

2036 notes size: C$500 million 2036 coupon: 4.803% per annum 2055 reopening size: C$250 million +5 more
8 metrics
2036 notes size C$500 million Aggregate principal amount of medium-term notes due April 21, 2036
2036 coupon 4.803% per annum Interest rate on 2036 medium-term notes, payable semi-annually
2055 reopening size C$250 million Re-opening amount of 5.399% medium-term notes due December 11, 2055
Existing 2055 notes C$650 million Already outstanding 5.399% notes due December 11, 2055
2055 series total C$900 million Aggregate principal of 2055 series after re-opening
2055 issue price 99.495% of face value Issue price for additional 2055 notes plus accrued interest
2055 yield to maturity 5.433% Effective yield on 2055 notes if held to maturity
Credit ratings A-/A-/A3/A Expected ratings from S&P, Fitch, Moody’s, and DBRS

Historical Context

5 past events · Latest: Apr 14 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 14 Earnings call notice Positive +4.3% Announcement of date and time for Q1 2026 results call and webcast.
Apr 08 Acquisition participation Positive +3.1% Completion of Air Lease acquisition by investor group including Brookfield.
Apr 02 Earnings call notice Neutral -0.3% GrafTech scheduling its Q1 2026 earnings call and webcast.
Mar 26 Price increase Neutral -0.6% GrafTech announcing a graphite electrode price increase per metric ton.
Mar 24 Industrial lease Neutral -0.6% CEC Facilities securing a large industrial lease for manufacturing hub.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Across the last five news-linked events, price moves generally aligned with the perceived tone of the announcements, with no clear divergence pattern.

Recent Company History

Recent BN-related news included a planned Q1 2026 results call with a +4.26% move and participation in a large aviation acquisition with a +3.11% reaction, suggesting investors responded constructively to corporate developments. Earlier items in the list relate to other companies and show relatively modest moves. Against this backdrop, the new medium-term note issuances fit into an ongoing pattern of balance sheet and capital-market activity.

Key Terms

medium-term notes, prospectus supplement, pricing supplements, u.s. securities act
4 terms
medium-term notes financial
"announced the pricing of a public offering of C$500 million aggregate principal amount of medium-term notes"
Medium-term notes are debt securities issued by companies, banks or governments that promise to pay interest and return principal at a set date a few years out—typically longer than short-term bills but shorter than long-term bonds. For investors they act like staggered IOUs that provide predictable income and help diversify holdings, but they carry credit and interest-rate risk and can affect a portfolio’s cash flow and stability depending on the issuer’s creditworthiness and the note’s term.
prospectus supplement regulatory
"The offering is being made only by means of a prospectus supplement and pricing supplements"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
pricing supplements regulatory
"The offering is being made only by means of a prospectus supplement and pricing supplements"
Pricing supplements are short documents that attach to a longer offering prospectus and give the final deal details for a new security—such as the exact price, interest or yield, total amount being sold, maturity and any special terms. They matter to investors because they turn a general sales brochure into the concrete facts you use to judge value and risk, like seeing a final price tag and spec sheet before deciding to buy.
u.s. securities act regulatory
"not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”)"
A U.S. securities act is a federal law that requires companies to disclose clear, detailed information before offering stocks or bonds to the public and prohibits false or misleading statements. Think of it as a product label and consumer-protection rule for investments: it helps investors know what they’re buying and provides legal remedies if information is withheld or deceptive, which can affect confidence, pricing and the ability of companies to raise money.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES

BROOKFIELD, NEWS, April 16, 2026 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) today announced the pricing of a public offering of C$500 million aggregate principal amount of medium-term notes due April 21, 2036 (the “2036 notes”), which will bear interest at a rate of 4.803% per annum, payable semi-annually, and the pricing of a C$250 million re-opening of its 5.399% medium term notes due December 11, 2055 (the “2055 notes” and together with the 2036 notes, the “notes”).

The 2055 notes will form part of the same series as the already outstanding C$650 million aggregate principal amount of 5.399% notes due December 11, 2055 (the “existing notes”), which were issued on December 11, 2025. After giving effect to the re-opening, the aggregate principal amount of the series will be C$900 million. The terms of the 2055 notes will be identical to the existing notes, other than the issue date and the issue price. The 2055 notes will be issued at a price equal to 99.495% of their face value plus accrued and unpaid interest from December 11, 2025 (the issue date of the existing notes) through, but excluding, the date of delivery of such notes, with an effective yield of 5.433%, if held to maturity.

The notes are expected to be assigned a credit rating of A- by Standard & Poor’s, A- by Fitch, A3 by Moody’s and A by DBRS.

Brookfield Corporation intends to use the net proceeds from the sale of the notes for general corporate purposes.

The notes are being offered through a syndicate of agents led by CIBC Capital Markets, BMO Capital Markets, National Bank Capital Markets, RBC Capital Markets, Scotiabank and TD Securities.

The notes are being offered under an existing base shelf prospectus filed in Canada. The offering is being made only by means of a prospectus supplement and pricing supplements relating to the offering of the notes. You may obtain these documents for free on SEDAR+ at www.sedarplus.ca. Before you invest, you should read these documents and other public filings by Brookfield Corporation for more complete information about Brookfield Corporation and this offering.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction, nor shall there be any offer or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been approved or disapproved by any regulatory authority nor has any such authority passed upon the accuracy or adequacy of the short form base shelf prospectus, the prospectus supplement or the pricing supplements. The offer and sale of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold in the United States or to United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

About Brookfield Corporation

Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have three core businesses: Alternative Asset Management, Wealth Solutions, and our Operating Businesses which are in energy, infrastructure, private equity, and real estate.

We have a track record of delivering 15%+ annualized returns to shareholders for over 30 years, supported by our unrivaled investment and operational experience. Our conservatively managed balance sheet, extensive operational experience, and global sourcing networks allow us to consistently access unique opportunities. At the center of our success is the Brookfield Ecosystem, which is based on the fundamental principle that each group within Brookfield benefits from being part of the broader organization. Brookfield Corporation is publicly traded in New York and Toronto (NYSE: BN, TSX: BN).

For more information, please contact:

Media:
Kerrie McHugh
Tel: (212) 618-3469
Email: kerrie.mchugh@brookfield.com
Investor Relations:
Katie Battaglia
Tel: (416) 359-8544
Email: katie.battaglia@brookfield.com


Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions and which in turn are based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Brookfield are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, the forward-looking statements contained in this news release include statements referring to the offering, the expected use of proceeds from the offering and the expected closing date of the offering.

Although Brookfield believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in Canada and the United States, not presently known to Brookfield, or that Brookfield currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements.

Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.


FAQ

What securities did Brookfield (BN) price on April 16, 2026?

Brookfield priced C$500 million of 2036 medium-term notes and a C$250 million 2055 reopening. According to the company, proceeds are for general corporate purposes and the 2055 series will total C$900 million.

What coupon and yield apply to Brookfield's C$500M 2036 notes (BN)?

The 2036 notes carry a 4.803% annual coupon, payable semi-annually. According to the company, these notes were issued in a public offering priced on April 16, 2026.

How was the C$250M reopening of Brookfield 2055 notes (BN) priced and what is the effective yield?

The 2055 reopening was issued at 99.495% of face value with a 5.433% effective yield if held to maturity. According to the company, terms match the existing 5.399% 2055 series except issue date and price.

How will the 2055 re-opening affect the total series size for Brookfield (BN)?

The re-opening increases the 2055 series from C$650 million to C$900 million in aggregate principal. According to the company, the new notes form part of the identical series issued December 11, 2025.

What credit ratings are expected for Brookfield's newly issued notes (BN)?

The notes are expected to be rated A- by S&P, A- by Fitch, A3 by Moody’s and A by DBRS. According to the company, these are the anticipated ratings assigned to the offering.