Brookfield to Issue $105.6 Million Class A Preferred Shares

09:53 AM EDT, 10/15/2026 (MT Newswires) -- Brookfield (BN) agreed to issue 6 million Class A preferred shares, on a bought-deal basis, to a syndicate of underwriters for a total of 150 million Canadian dollars ($105.6 million), the company said Thursday. The company also granted the underwriters an option to purchase up to 2 million additional preferred shares of the same series, potentially increasing the offering size to CA$200 million if fully exercised, according to the statement. Brookfield expects to close the offering on or about Oct. 22 and said proceeds will be used for general corporate purposes. Price: 36.00, Change: +0.05, Percent Change: +0.15