SEC Form FWP filed by Brookfield Asset Management Inc
Filed Pursuant to Rule 433
Registration No. 333-287429
September 4, 2025
BROOKFIELD ASSET MANAGEMENT LTD.
US$750,000,000 6.077% NOTES DUE 2055
PRICING TERM SHEET
September 4, 2025
| Issuer: | Brookfield Asset Management Ltd. |
| Security: | 6.077% Notes due September 15, 2055 (the “Notes”) |
| Expected Ratings*: |
A- (Stable) (S&P Global Ratings) A (Stable) (Fitch Ratings, Inc.) |
| Ranking: | Senior Unsecured |
| Principal Amount: |
US$750,000,000
|
| Trade Date: | September 4, 2025 |
| Expected Settlement Date**: | September 9, 2025 (T+3) |
| Maturity Date: | September 15, 2055 |
| Coupon: | 6.077% |
| Interest Payment Dates: | March 15 and September 15, commencing March 15, 2026 |
| Price to Public: | 99.998% of the principal amount |
| Benchmark Treasury: | UST 4.750% due May 15, 2055 |
| Benchmark Treasury Price & Yield: | 98-00+; 4.877% |
| Spread to Benchmark Treasury: | + 120 basis points |
| Yield: | 6.077% |
| Denominations: | Initial denominations of US$2,000 and subsequent multiples of US$1,000 |
| Covenants: |
Change of control (put @ 101%)
Negative pledge
Consolidation, merger, amalgamation and sale of substantially all assets |
| Optional Redemption Provisions: | |
| Make-Whole Call: | Prior to March 15, 2055 (six months prior to maturity), treasury rate plus 20 basis points |
| Par Call: | At any time on or after March 15, 2055 (six months prior to maturity), at 100% of the principal amount of the Notes to be redeemed |
| Use of Proceeds: | The net proceeds from the sale of the Notes will be used for general corporate purposes |
| CUSIP / ISIN: | 112586 AB8 / US112586AB85 |
| Joint Book-Running Managers: |
Wells Fargo Securities, LLC Morgan Stanley & Co. LLC CIBC World Markets Corp. SMBC Nikko Securities America, Inc. |
| Co-Managers: |
BMO Capital Markets Corp. BNP Paribas Securities Corp. Brookfield Securities LLC Citigroup Global Markets Inc. Mizuho Securities USA LLC RBC Capital Markets, LLC Scotia Capital (USA) Inc. TD Securities (USA) LLC |
| Conflicts of Interest: | Brookfield Securities LLC, one of the underwriters of this offering, is an affiliate of the Issuer and, therefore, has a conflict of interest under FINRA Rule 5121. Accordingly, this offering is being made in compliance with the requirements of Rule 5121. Pursuant to Rule 5121, Brookfield Securities LLC will not confirm sales of the Notes to any account over which it exercises discretionary authority without the prior written approval of the customer. |
Capitalized terms used and not defined herein have the meanings assigned in the Issuer’s Prospectus Supplement, dated September 4, 2025.
* Note: A security rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
** Under Rule 15c6-1 under the Exchange Act, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes prior to the delivery of the Notes hereunder may be required, by virtue of the fact that the Notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade the Notes prior to their date of delivery hereunder should consult their own advisors.
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The Issuer has filed a registration statement (including a prospectus) and a 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 prospectus supplement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC website 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 Wells Fargo Securities, LLC by calling 1-800-645-3751 or by emailing [email protected], or by calling Morgan Stanley & Co. LLC at 1-866-718-1649 or by emailing [email protected].
No PRIIPs or UK PRIIPs key information document (KID) has been prepared as European Economic Area or UK retail investors are not targeted.
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