Issuer:

Brookfield Finance Inc.

Guarantor:

Brookfield Asset Management Inc.

Guarantee:

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.

Security:

4.350% Senior Unsecured Notes due 2030

Expected Ratings*:

Baa1 (stable) (Moody’s Investors Service, Inc.)

A- (stable) (S&P Global Ratings)

A- (stable) (Fitch Ratings, Inc.)

A (low) (stable) (DBRS Limited)

Ranking:

Senior Unsecured

Size:

US$600,000,000

Trade Date:

April 7, 2020

Expected Settlement Date**:

April 9, 2020 (T+2)

Maturity Date:

April 15, 2030

Coupon:

4.350%

Interest Payment Dates:

April 15 and October 15, commencing October 15, 2020

Price to Public:

99.903%

Benchmark Treasury:

UST 1.500% due February 15, 2030

Benchmark Treasury Price & Yield:

107-07+; 0.737%

Spread to Benchmark Treasury:

+ 362.5 basis points

Yield:

4.362%

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 substantial assets

Redemption Provisions:

Make-Whole Call:

Prior to January 15, 2030 (three months prior to maturity), treasury rate plus 50 basis points

Par Call:

At any time on or after January 15, 2030 (three 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:

11271L AE2/US11271LAE20

Joint Book-Running Managers:

Deutsche Bank Securities Inc.

HSBC Securities (USA) Inc.

Citigroup Global Markets Inc.

Co-Managers:

Banco Bradesco BBI S.A.

BNP Paribas Securities Corp.

Itau BBA USA Securities, Inc.

Mitsubishi UFG Securities (USA), Inc.

Mizuho Securities USA LLC

National Bank of Canada Financial Inc.

Natixis Securities Americas LLC

Santander Investment Securities Inc.

SG Americas Securities, LLC