Brookfield to Issue CAD 150 Million in Preferred Shares
Brookfield to issue 6,000,000 Class A Preference Shares, Series 56 at CAD 25 each, raising CAD 150 million through a bought deal. Underwriters’ option for 2,000,000 additional shares could increase gross proceeds to CAD 200 million. Cumulative quarterly fixed dividends yield 5.65% annually through December 31, 2031. Su