Brookfield Corp | 6.25% Clas A Cumul Prfd Units Ser 1 Due 07/26/81 (BPYPM)
Prospectus excerpt: The distribution rate for the New LP Preferred Units will be 6.25% per annum of the $25.00 liquidation preference per unit (equal to $1.5625 per unit per annum).
Brookfield is a global alternative asset manager. Co. focuses on investing in the backbone of the global economy across renewable power and transition, infrastructure, private equity, real estate and credit. Co.'s segments are: Asset Management business, which includes managing long-term private funds, perpetual strategies and liquid strategies; Renewable Power and Transition business, which includes the ownership, operation and development of hydroelectric, and wind; Infrastructure business, which includes the ownership, operation and development of utilities and sustainable resource assets; and Real Estate business, which includes the ownership, operation and development of investments.