Brookfield Asset Management (NYSE: BAM) prices $1B in 2031 and 2036 notes

Rhea-AI Filing Summary

Brookfield Asset Management Ltd. is issuing $1.0 billion of senior notes, including $550 million of notes due 2031 at a 4.832% annual interest rate and a $450 million re-opening of its 5.298% notes due 2036.

The new 2036 notes, issued at 98.962% of principal with a 5.434% yield to maturity, will increase that series’ aggregate principal to $850 million. Brookfield plans to use the net proceeds for general corporate purposes, with closing expected on April 17, 2026, subject to customary conditions.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

2031 notes size: $550 million principal 2031 interest rate: 4.832% per annum New 2036 notes size: $450 million principal +5 more

8 metrics

2031 notes size $550 million principal Senior notes due 2031 bearing 4.832% interest

2031 interest rate 4.832% per annum Coupon on $550 million senior notes due 2031

New 2036 notes size $450 million principal Re-opening of 5.298% notes due 2036

2036 series total $850 million principal Aggregate after adding $450 million to existing $400 million

2036 coupon rate 5.298% coupon Coupon on notes due 2036, including new re-opening

2036 issue price 98.962% of principal Pricing for new 2036 notes with accrued interest

2036 yield to maturity 5.434% yield Effective yield on new 2036 notes if held to maturity

Assets under management Over $1 trillion Brookfield Asset Management AUM across asset classes

Key Terms

senior notes, re-opening, base shelf prospectus, Form F-10, +2 more

6 terms

senior notes financial

"today priced an offering of (i) $550 million principal amount of senior notes due 2031"

Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

re-opening financial

"$450 million re-opening of its 5.298% notes due 2036"

base shelf prospectus regulatory

"pursuant to prospectus supplements to BAM’s existing base shelf prospectus filed in the United States and Canada"

A base shelf prospectus is a pre-approved regulatory document that lets a company register a range of securities once and then sell them to the public over time without repeating the full approval process for each offering. For investors it’s like a menu and standing permission slip: it lays out the types of securities, key risks and terms ahead of any specific sale, so buyers can assess potential dilution, timing and the company’s plans before new shares or debt hit the market.

Form F-10 regulatory

"pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission"

Form F-10 is a standardized prospectus document filed with Canadian securities regulators when a Canadian company offers shares or other securities to the public. It lays out the company’s business, financial results, management, and risks—like a detailed product label that helps investors compare what they’re buying and understand potential downsides. For investors, the form matters because it provides the core information needed to evaluate the safety, value and terms of a public securities offering.

forward-looking statements regulatory

"This news release contains “forward-looking statements” within the meaning of the U.S. Securities Act of 1933"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

general corporate purposes financial

"The net proceeds from the sale of the notes will be used for general corporate purposes."

"General corporate purposes" refer to the broad range of activities and expenses a company can use its funds for to support its overall operations and growth. This can include things like paying bills, investing in new projects, or strengthening its financial position. For investors, understanding this term helps clarify how a company plans to use its resources to sustain and expand its business over time.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 14, 2026

_______________________________

Brookfield Asset Management Ltd.

(Exact name of registrant as specified in its charter)

_______________________________

British Columbia, Canada	001-41563	98-1702516
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

225 Liberty Street, 8th Floor

New York, New York 10281-1048

(Address of Principal Executive Offices) (Zip Code)

(212) 417-7000

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Limited Voting Shares	BAM	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On April 14, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Description
99.1		Press Release dated April 14, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Brookfield Asset Management Ltd.
Date: April 14, 2026	By:	/s/ Kathy Sarpash
		Kathy Sarpash
		Managing Director, Legal & Regulatory and Corporate Secretary

EXHIBIT 99.1

Brookfield Asset Management Announces Pricing of $550 Million of Notes Due 2031 and $450 Million Re-Opening of Notes Due 2036

NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (“BAM”) (NYSE: BAM, TSX: BAM), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today priced an offering of (i) $550 million principal amount of senior notes due 2031, which will bear interest at a rate of 4.832% per annum (the “2031 notes”), and (ii) $450 million re-opening of its 5.298% notes due 2036 (the “new 2036 notes” and, together with the 2031 notes, the “notes”).

The new 2036 notes will form part of the same series as the already outstanding $400 million principal amount of 5.298% notes due 2036 (the “existing 2036 notes”), which were issued on November 18, 2025. After giving effect to the re-opening, the aggregate principal amount of the series will be $850 million. The terms of the new 2036 notes will be identical to the existing 2036 notes, other than the issue date and the issue price. The new 2036 notes will be issued at a price equal to 98.962% of their principal value plus accrued and unpaid interest from November 18, 2025 (the issue date of the existing 2036 notes) through, but excluding, the date of delivery of such notes, with an effective yield of 5.434%, if held to maturity.

The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on April 17, 2026, subject to the satisfaction of customary closing conditions.

The notes are being offered pursuant to prospectus supplements to BAM’s existing base shelf prospectus filed in the United States and Canada and pursuant to an effective registration statement on Form F-10 on file with the U.S. Securities and Exchange Commission.

Copies of the prospectus supplement and accompanying base shelf prospectus may be obtained free of charge on EDGAR at www.sec.gov/edgar or on SEDAR+ at www.sedarplus.ca. Before you invest, you should read these documents and other public filings by BAM for more complete information about BAM and this offering.

Alternatively, copies can be obtained from the joint book-running managers and underwriters:

RBC Capital Markets, LLC
Brookfield Place, 200 Vesey Street, 8th Floor
New York, NY 10281
Telephone: 1-866-375-6829
Email: rbcnyfixedincomeprospectus@rbccm.com SMBC Nikko Securities America, Inc.
277 Park Avenue
New York, NY 10172
Telephone: 1-888-868-6856
Email: prospectus@smbcnikko-si.com

This news release does not constitute an offer to sell or the solicitation of an offer to buy the notes described in this news release, nor will there be any sale of these notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The notes 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 base shelf prospectus or the prospectus supplement.

Contact Information

Media:	Investor Relations:
Simon Maine	Jason Fooks
Tel:(332) 298-0447	Tel: (212) 417-2442
Email: simon.maine@brookfield.com	Email: jason.fooks@brookfield.com

About Brookfield Asset Management

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

Forward-Looking Statements

This news release contains “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 “forward-looking information” within the meaning of other relevant securities legislation, including applicable securities laws in Canada, which reflect our current views with respect to, among other things, our operations and financial performance (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature and 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 are in turn 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 BAM 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 press release include statements referring to the offering, the expected use of proceeds from the offering and the expected closing date of the offering.

Although BAM 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 the United States and Canada, not presently known to BAM, or that BAM currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements. Reference should be made to “Item 1A - Risk Factors” and “Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements” in BAM’s most recently filed annual report on Form 10-K.

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, BAM 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 did Brookfield Asset Management (BAM) announce in this 8-K filing?

Brookfield Asset Management announced pricing of $1.0 billion in senior notes. This includes $550 million due 2031 and a $450 million re-opening of existing 2036 notes, providing additional long-term capital for general corporate purposes.

What are the key terms of Brookfield Asset Management’s 2031 notes?

The 2031 notes total $550 million in principal with a 4.832% interest rate. These senior notes mature in 2031 and form part of Brookfield’s long-term funding structure, bearing fixed interest payable at 4.832% per year until maturity.

How is Brookfield Asset Management expanding its 2036 notes series?

Brookfield is adding $450 million of new 2036 notes to an existing $400 million series. After this re-opening, the total principal of the 5.298% notes due 2036 will be $850 million under identical terms apart from issue date and price.

At what price and yield are Brookfield’s new 2036 notes being issued?

The new 2036 notes are priced at 98.962% of principal with a 5.434% yield. They will also include accrued and unpaid interest from November 18, 2025, the original series issue date, through the delivery date of the new notes.

How will Brookfield Asset Management use the proceeds from these note offerings?

Brookfield plans to use the net proceeds for general corporate purposes. This flexible category typically covers funding for operations, investments, refinancing, or other corporate needs, as determined by management over time.

When is the closing of Brookfield Asset Management’s note offering expected?

The offering is expected to close on April 17, 2026. Completion is subject to the satisfaction of customary closing conditions typically seen in underwritten debt offerings in the U.S. and Canadian capital markets.

Under what regulatory framework is Brookfield offering these notes?

The notes are offered under BAM’s existing base shelf prospectus and Form F-10 registration. Prospectus supplements were filed in the United States and Canada, and investors are encouraged to review these documents on EDGAR or SEDAR+ before investing.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 PRESS RELEASE 9.1 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 3.3 KB
• EX-101 XBRL DEFINITION FILE 25.5 KB
• EX-101 XBRL LABEL FILE 35.1 KB
• EX-101 XBRL PRESENTATION FILE 24.1 KB