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
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Issuer: |
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Brookfield Finance Inc. |
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Guarantor: |
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Brookfield Asset Management Inc. |
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Guarantee: |
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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. |
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Security: |
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4.250% Senior Unsecured Notes due June 2, 2026 |
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Expected Ratings*: |
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Baa2 (stable) (Moody’s Investors Service, Inc.) |
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Ranking: |
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Senior Unsecured |
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Size: |
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US$500,000,000 |
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Trade Date: |
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May 25, 2016 |
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Expected Settlement Date: |
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June 2, 2016 (T+5) |
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Maturity Date: |
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June 2, 2026 |
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Coupon: |
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4.250% |
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Interest Payment Dates: |
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June 2 and December 2, commencing December 2, 2016 |
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Price to Public: |
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99.036% |
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Benchmark Treasury: |
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UST 1.625% due May 15, 2026 |
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Benchmark Treasury Price & Yield: |
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97 - 25; 1.870% |
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Spread to Benchmark Treasury: |
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+ 250 basis points |
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Yield: |
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4.370% |
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Denominations: |
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Initial denominations of US$2,000 and subsequent multiples of US$1,000 |
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Covenants: |
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Change of control (put @ 101%) |
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Consolidation, merger, amalgamation and sale of substantial assets |
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Redemption Provisions: |
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Make-Whole Call: |
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Prior to March 2, 2026, treasury rate plus 40 basis points |
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Par Call: |
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At any time on or after March 2, 2026, at 100% of the principal amount of the notes to be redeemed |
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Use of Proceeds: |
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General corporate purposes |
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CUSIP/ISIN: |
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11271L AA0 / US11271LAA08 |
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Joint Book-Running Managers: |
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Citigroup Global Markets Inc. |
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Co-Managers: |
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Banco Bradesco BBI S.A. |
*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.