0001104659-16-123358.txt : 20160525 0001104659-16-123358.hdr.sgml : 20160525 20160525164356 ACCESSION NUMBER: 0001104659-16-123358 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160525 DATE AS OF CHANGE: 20160525 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKFIELD ASSET MANAGEMENT INC. CENTRAL INDEX KEY: 0001001085 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-204611 FILM NUMBER: 161675142 BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 300 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: A6 M5J2T3 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 300 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: A6 M5J2T3 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN CORP/ DATE OF NAME CHANGE: 20010321 FORMER COMPANY: FORMER CONFORMED NAME: EDPERBRASCAN CORP DATE OF NAME CHANGE: 19970904 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN LTD DATE OF NAME CHANGE: 19950919 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKFIELD ASSET MANAGEMENT INC. CENTRAL INDEX KEY: 0001001085 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 300 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: A6 M5J2T3 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 300 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: A6 M5J2T3 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN CORP/ DATE OF NAME CHANGE: 20010321 FORMER COMPANY: FORMER CONFORMED NAME: EDPERBRASCAN CORP DATE OF NAME CHANGE: 19970904 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN LTD DATE OF NAME CHANGE: 19950919 FWP 1 a16-11702_8fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration Nos. 333-204611 and 333-204611-01

May 25, 2016

 

BROOKFIELD FINANCE INC.

US$500,000,000 4.250% NOTES DUE 2026

 

PRICING TERM SHEET

May 25, 2016

 

Issuer:

 

Brookfield Finance Inc.

 

 

 

Guarantor:

 

Brookfield Asset Management Inc.

 

 

 

Guarantee:

 

The notes will be fully and unconditionally guaranteed as to payment of principal, premium (if any) and interest and certain other amounts by Brookfield Asset Management Inc.

 

 

 

Security:

 

4.250% Senior Unsecured Notes due June 2, 2026

 

 

 

Expected Ratings*:

 

Baa2 (stable) (Moody’s Investors Service, Inc.)
A- (stable) (Standard & Poor’s Ratings Services)
A (low) (stable) (DBRS Limited)

 

 

 

Ranking:

 

Senior Unsecured

 

 

 

Size:

 

US$500,000,000

 

 

 

Trade Date:

 

May 25, 2016

 

 

 

Expected Settlement Date:

 

June 2, 2016 (T+5)

 

 

 

Maturity Date:

 

June 2, 2026

 

 

 

Coupon:

 

4.250%

 

 

 

Interest Payment Dates:

 

June 2 and December 2, commencing December 2, 2016

 

 

 

Price to Public:

 

99.036%

 

 

 

Benchmark Treasury:

 

UST 1.625% due May 15, 2026

 

 

 

Benchmark Treasury Price & Yield:

 

97 - 25; 1.870%

 

 

 

Spread to Benchmark Treasury:

 

+ 250 basis points

 

 

 

Yield:

 

4.370%

 

 

 

Denominations:

 

Initial denominations of US$2,000 and subsequent multiples of US$1,000

 

 

 

Covenants:

 

Change of control (put @ 101%)
Negative pledge
Limitation on restricted payments

 


 

 

 

Consolidation, merger, amalgamation and sale of substantial assets

 

 

 

Redemption Provisions:

 

 

 

 

 

Make-Whole Call:

 

Prior to March 2, 2026, treasury rate plus 40 basis points

 

 

 

Par Call:

 

At any time on or after March 2, 2026, at 100% of the principal amount of the notes to be redeemed

 

 

 

Use of Proceeds:

 

General corporate purposes

 

 

 

CUSIP/ISIN:

 

11271L AA0 / US11271LAA08

 

 

 

Joint Book-Running Managers:

 

Citigroup Global Markets Inc.
Deutsche Bank Securities Inc.

 

 

 

Co-Managers:

 

Banco Bradesco BBI S.A.
BNP Paribas Securities Corp.
Itau BBA USA Securities, Inc.
Mitsubishi UFJ Securities (USA), Inc.
Mizuho Securities USA Inc.
Santander Investment Securities Inc.
SG Americas Securities, LLC
SMBC Nikko Securities America, Inc.

 

*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer and the guarantor have filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer and the guarantor have filed with the SEC for more complete information about the issuer, the guarantor and this offering.

 

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll free at 1-800-831-9146 or by emailing prospectus@citi.com or by calling Deutsche Bank Securities Inc. at 1-800-503-4611 or by emailing prospectus.CPDG@db.com.