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Market Chatter: Brookfield Set for $600 Million Payout Through HomeServe Securitization

Market Chatter: Brookfield Set for $600 Million Payout Through HomeServe Securitization

MT newswireMT newswire2026/09/01 08:37
04:37 AM EDT, 09/01/2026 (MT Newswires) -- Brookfield Asset Management (BAM) is set to take a $600 million dividend from HomeServe via a new asset-backed financing, Bloomberg reported Monday, citing people with knowledge of the matter. HomeServe is in early talks with lenders on a $1.8 billion whole-business securitization, which would refinance existing debt and fund the payout to owner Brookfield, sources told Bloomberg. Jefferies Financial Group (JEF) is leading the transaction, according to the report. Brookfield bought the emergency home-repairs provider in 2023. The deal is expected to close in September. Brookfield and HomeServe did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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