Brookfield Corporation (BN) said late Monday it has priced a public offering of $600 million of 5.650% senior notes due 2031.
The offering is expected to close Sept. 23, with proceeds to be used for general corporate purposes, the company said.
What else is happening in Treasury?
Treasury
Shanghai Rural Commercial Bank Issues 4 Billion Yuan Worth of Bonds
Shanghai Rural Commercial Bank (SHA:601825) issued bonds amounting to 4 billion yuan, according to a Shanghai bourse filing over the weekend.The lender's shares rose 1% during Monday's morning trade.The bonds were issued in two tranches. The first tranche is worth 3 billion yuan and has a coupon rate of 1.55% and the second tranche amounted to 1 billion yuan and has an initial coupon rate of 1.60%, which is linked to the one-year loan prime rate minus 140 basis points.Both tranches have a maturity of three years.
SHA:601825
Treasury
China Minsheng Banking Issues 10 Billion Yuan Bond
China Minsheng Banking (SHA:600016, HKG:1988) issued bonds worth 10 billion yuan, according to a Shanghai bourse filing on the weekend.The bonds carry a three-year fixed interest rate with a coupon rate of 1.58%.
HKG:1988SHA:600016
Treasury
Bank of Beijing Raises 30 Billion Yuan Via Bond Issue
Bank of Beijing (SHA:601169) raised 30 billion yuan via the issue of the second tranche of its 2026 undated capital bonds.Proceeds will be used to replenish the additional Tier 1 capital, according to a weekend filing with the Shanghai bourse.The bonds have a coupon rate of 1.88% for the first five years, adjusted every five years.
SHA:601169