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Brookfield Asset Management Inc (BAMa.TO)

BAMa.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Brookfield Asset Management Qtrly Funds From Operations $0.73 Per Share
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - Brookfield Asset Management Inc ::QTRLY FUNDS FROM OPERATIONS PER BROOKFIELD SHARE $0.73.Q2 FFO PER SHARE VIEW $0.42 -- REFINITIV IBES DATA.BROOKFIELD ASSET MANAGEMENT - DURING QUARTER RECOGNIZED $473 MILLION OF DISPOSITION GAINS IN FFO, MAINLY DUE TO PARTIAL SELL DOWN OF INVESTMENT IN BEP.  Full Article

ADNOC Closes Energy Infrastructure Deal With Global Investor Consortium
Wednesday, 15 Jul 2020 

July 15 (Reuters) - ABU DHABI NATIONAL OIL COMPANY (ADNOC) ::CLOSES $20.7 BILLION GAS PIPELINE INFRASTRUCTURE INVESTMENT DEAL WITH A GLOBAL INVESTOR CONSORTIUM .THE CONSORTIUM COMPRISES GLOBAL INFRASTRUCTURE PARTNERS, BROOKFIELD ASSET MANAGEMENT, SINGAPORE’S SOVEREIGN WEALTH FUND GIC, ONTARIO TEACHERS’ PENSION PLAN BOARD, NH INVESTMENT & SECURITIES AND SNAM (THE CONSORTIUM).THE CLOSING TAKES THE COMBINED INVESTMENT IN SELECT ADNOC GAS PIPELINE ASSETS BY THE CONSORTIUM TO $10.1 BILLION.UNDER THE AGREEMENT, THE CONSORTIUM COLLECTIVELY HOLDS A 49% STAKE IN ADNOC GAS PIPELINE ASSETS LLC (ADNOC GAS PIPELINES), WITH ADNOC OWNING THE REMAINING 51% MAJORITY STAKE .OWNERSHIP OVER THE PIPELINES, MANAGEMENT OF PIPELINE OPERATIONS AND ALL RESPONSIBILITY FOR ASSOCIATED OPERATIONAL AND CAPITAL EXPENDITURES WILL REMAIN WITH ADNOC.  Full Article

UAE's ADNOC Announces $20.7 Bln Energy Infrastructure Deal - Statement
Tuesday, 23 Jun 2020 

June 23 (Reuters) - ABU DHABI NATIONAL OIL CO [RIC:RIC:ADNOC.UL]::ADNOC ANNOUNCES $20.7 BILLION ENERGY INFRASTRUCTURE DEAL - STATEMENT.ADNOC HAS ENTERED INTO AN AGREEMENT WITH SOME OF INFRASTRUCTURE INVESTORS AND OPERATORS, SOVEREIGN WEALTH AND PENSION FUNDS- STATEMENT.A CONSORTIUM OF INVESTORS COMPRISING GLOBAL INFRASTRUCTURE PARTNERS (GIP), BROOKFIELD ASSET MANAGEMENT, SINGAPORE’S SOVEREIGN WEALTH FUND GIC, ONTARIO TEACHERS’ PENSION PLAN BOARD (ONTARIO TEACHERS’), NH INVESTMENT & SECURITIES AND SNAM (THE CONSORTIUM), WILL INVEST IN SELECT ADNOC GAS PIPELINE ASSETS VALUED AT $20.7 BILLION.CONSORTIUM WILL COLLECTIVELY ACQUIRE A 49% STAKE IN ADNOC GAS PIPELINE ASSETS LLC.THE TERMS OF THE AGREEMENT, ADNOC WILL LEASE ITS OWNERSHIP INTEREST IN ASSETS TO ADNOC GAS PIPELINES FOR 20 YEARS IN RETURN FOR A VOLUME-BASED TARIFF SUBJECT TO A FLOOR AND A CAP.TRANSACTION WILL RESULT IN UPFRONT PROCEEDS OF OVER $10 BILLION TO ADNOC.SAYS GAS PIPELINE NETWORK CONNECTS ADNOC’S UPSTREAM ASSETS TO LOCAL UAE OFF-TAKERS- STATEMENT.OWNERSHIP OF PIPELINES, MANAGEMENT OF PIPELINE OPERATIONS, AND ALL RESPONSIBILITY FOR ASSOCIATED OPERATIONAL AND CAPITAL EXPENDITURES WILL REMAIN WITH ADNOC.SAYS FOR ADNOC’S PARTNERS, THIS TRANSACTION REPRESENTS A UNIQUE OPPORTUNITY TO INVEST IN QUALITY ENERGY INFRASTRUCTURE ASSETS WITH A LOW-RISK PROFILE THAT GENERATE STABLE CASH FLOWS.BANK OF AMERICA SECURITIES, FIRST ABU DHABI BANK AND MIZUHO SECURITIES ACTED AS FINANCIAL ADVISORS TO ADNOC.  Full Article

Vivint Solar Closes $545 Million Of New Financing In Two Separate Transactions
Wednesday, 3 Jun 2020 

Vivint Solar Inc ::VIVINT SOLAR CLOSES $545 MILLION OF NEW FINANCING IN TWO SEPARATE TRANSACTIONS.VIVINT SOLAR INC - FIRST TRANSACTION IS $245 MILLION UPSIZE TO ALREADY EXISTING MULTI-LENDER REVOLVING WAREHOUSE FACILITY.VIVINT SOLAR INC - SECOND TRANSACTION IS $300 MILLION HOLD-CO LOAN FACILITY PROVIDED BY BROOKFIELD INFRASTRUCTURE DEBT FUND.VIVINT SOLAR INC - TWO DEBT FACILITIES CREATE IMPLIED ALL-IN INTEREST RATE OF ABOUT 4.4% ON NEW ASSETS ORIGINATED.  Full Article

Brookfield Asset Management Inc Reports Qtrly FFO $0.55 Per Share
Thursday, 14 May 2020 

May 14 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD ASSET MANAGEMENT INC - QTRLY LOSS PER SHARE $0.20.BROOKFIELD ASSET MANAGEMENT INC QTRLY FFO $0.55 PER SHARE.BROOKFIELD ASSET MANAGEMENT INC - CERTAIN PORTFOLIO COMPANIES ACROSS OPERATING SEGMENTS EXPERIENCED PRODUCTION SLOWDOWNS DURING QUARTER.BROOKFIELD ASSET MANAGEMENT - QTRLY REVENUES $16.59 BILLION VERSUS $15,21 BILLION.BROOKFIELD ASSET MANAGEMENT INC - SUBSEQUENT TO QUARTER-END, HAVE DEPLOYED ABOUT $4 BILLION OF ADDITIONAL CAPITAL ACROSS COMBINED BUSINESSES.  Full Article

Brookfield Asset Management Announces Pricing Of Us$600 Million Debt Offering
Wednesday, 8 Apr 2020 

Brookfield Asset Management Inc ::BROOKFIELD ASSET MANAGEMENT ANNOUNCES PRICING OF US$600 MILLION DEBT OFFERING.BROOKFIELD ASSET MANAGEMENT INC - NOTES WILL HAVE A COUPON OF 4.350%.  Full Article

Brookfield Asset Management Commencing Public Debt Offering Of Notes Due 2030
Tuesday, 7 Apr 2020 

April 7 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD ASSET MANAGEMENT ANNOUNCES PROPOSED DEBT OFFERING.BROOKFIELD ASSET MANAGEMENT - COMMENCING A PUBLIC DEBT OFFERING OF NOTES DUE 2030.  Full Article

Brookfield CEO Sees Coronavirus Meltdown As Manageable - Bloomberg News
Monday, 23 Mar 2020 

March 23 (Reuters) - :BROOKFIELD CEO SEES CORONAVIRUS MELTDOWN AS MANAGEABLE - BLOOMBERG NEWS.BROOKFIELD CEO SAYS MARKETS VOLATILITY CREATED IN WAKE OF THE CORONAVIRUS PANDEMIC IS MUCH MORE MANAGEABLE THAN PREVIOUS MELTDOWNS- BLOOMBERG NEWS.BROOKFIELD CEO SAYS CO IS IN “VERY GOOD SHAPE” TO WEATHER THE STORM WITH $12 BILLION IN UNDRAWN BANK LINES- BLOOMBERG NEWS.  Full Article

Brookfield Asset Management Announces Proposed Offering Of Notes
Tuesday, 18 Feb 2020 

Feb 18 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD ASSET MANAGEMENT ANNOUNCES PROPOSED OFFERING OF NOTES.BROOKFIELD ASSET MANAGEMENT INC - COMMENCING A PUBLIC OFFERING, SUBJECT TO CONDITIONS, OF US$600 MILLION OF NOTES DUE 2050.  Full Article

Brookfield Asset Management Reports Qtrly Results, Announces Three-For-Two Stock Split
Thursday, 13 Feb 2020 

Feb 13 (Reuters) - Brookfield Asset Management Inc ::BROOKFIELD ASSET MANAGEMENT REPORTS 2019 NET INCOME AND FFO AND ANNOUNCES THREE-FOR-TWO STOCK SPLIT.QTRLY NET INCOME PER BROOKFIELD SHARE OF $0.74.APPROVED A THREE-FOR-TWO STOCK SPLIT OF COMPANY'S OUTSTANDING CLASS A SHARES.APPOINTMENT OF NICHOLAS GOODMAN AS CHIEF FINANCIAL OFFICER.GOODMAN SUCCEEDS BRIAN LAWSON AS CFO.QTRLY EARNINGS PER SHARE FFO $1.13.  Full Article

UPDATE 4-India's Vodafone Idea says board has no proposal from Amazon, Verizon

BENGALURU, Sept 3 Vodafone Idea said on Thursday its board had no investment proposal to consider from U.S. wireless carrier Verizon Communications Inc or Amazon.com Inc.