Brookfield Asset Management establishes $1 billion commercial paper program

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Go back to Brookfield Asset Management establishes $1 billion commercial paper program

Brookfield Asset Management Announces $1 Billion Commercial Paper Program

March 3, 2026 5:10 PM EST

NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM) (TSX: BAM) (Brookfield) announced today that it has established a commercial paper program on a private placement basis. Under the program, Brookfield may issue unsecured commercial paper notes (the notes) up to a maximum aggregate amount outstanding at any time of $1 billion. The program is expected to further diversify and strengthen Brookfields balance sheet by providing another source of short-term capital. The proceeds from the issuance of any notes will be used for... More