{"id":778,"date":"2007-04-23T10:06:03","date_gmt":"2007-04-23T14:06:03","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=778"},"modified":"2007-04-23T10:06:03","modified_gmt":"2007-04-23T14:06:03","slug":"new-issue-brookfield-asset-management-475-perp","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=778","title":{"rendered":"New Issue : Brookfield Asset Management 4.75% Perp"},"content":{"rendered":"<p>Brookfield <a href=\"http:\/\/www.reuters.com\/article\/newIssuesNews\/idUSWNA925720070423\">has announced<\/a> a new Cumulative Perpetual Preferred issue, Series 18.<\/p>\n<p>Size : $200-million ( = 8-million shares @ $25.00) prior to over-allotment)<\/p>\n<p>Closing : May 9, 2007<\/p>\n<p>Dividends : 4.75%, first dividend payable July 31 (short first coupon)<\/p>\n<p>Redemption Schedule :<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"3\">BAM 4.75 Perp Redemption Schedule<\/td>\n<\/tr>\n<tr>\n<td>From<\/td>\n<td>To<\/td>\n<td>Price<\/td>\n<\/tr>\n<tr>\n<td>2012-07-31<\/td>\n<td>2013-07-30<\/td>\n<td>$26.00<\/td>\n<\/tr>\n<tr>\n<td>2013-07-31<\/td>\n<td>2014-07-30<\/td>\n<td>25.75<\/td>\n<\/tr>\n<tr>\n<td>2014-07-31<\/td>\n<td>2015-07-30<\/td>\n<td>25.50<\/td>\n<\/tr>\n<tr>\n<td>2015-07-31<\/td>\n<td>2016-07-30<\/td>\n<td>25.25<\/td>\n<\/tr>\n<tr>\n<td>2016-07-31<\/td>\n<td>INFINITE DATE<\/td>\n<td>25.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Brookfield Asset Management is rated Pfd-2(low) by <a href=\"http:\/\/www.dbrs.com\">DBRS<\/a> and P-2 (stable) by <a href=\"http:\/\/www.standardandpoors.com\">S&#038;P<\/a>.<\/p>\n<p>More Later<\/p>\n<p>\n<p><!--60f3bd2d54876d2058c1c4b6f3032517-->\n<\/p>\n<p><!--acb69dc2620e237b4e2a530f3e39e84a--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brookfield has announced a new Cumulative Perpetual Preferred issue, Series 18. Size : $200-million ( = 8-million shares @ $25.00) prior to over-allotment) Closing : May 9, 2007 Dividends : 4.75%, first dividend payable July &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-778","post","type-post","status-publish","format-standard","hentry","category-new-issues"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=778"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/778\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}