Brookfield Asset Management Inc: Brookfield Asset Management Announces Pricing of US$650 Million 3.900% Notes Due January 25, 2028 and US$350 Million Re-Opening of 4.700% Notes Due September 20, 2047

TORONTO, 2018-01-11 23:07 CET (GLOBE NEWSWIRE) --
Brookfield Asset Management Inc. ("Brookfield") (TSX:BAM.A) (NYSE:BAM)
(Euronext:BAMA) today announced the pricing of its previously announced public
offering of notes due 2028 (the "2028 notes") and re-opening of notes due 2047
(the "additional 2047 notes" and, together with the 2028 notes, the "notes").
The size of the offering of 2028 notes was increased from US$500 million to
US$650 million and the offering of additional 2047 notes was increased from
US$250 million to US$350 million. 

The 2028 notes will have a coupon of 3.900% and will be issued at a price equal
to 99.654% of their face value for an effective yield of 3.942%. 

The additional 2047 notes will form the same series as the already outstanding
US$550 million principal amount of 4.700% notes due 2047 (the "existing 2047
notes"), which were issued on September 14, 2017. The terms of the additional
2047 notes will be identical to the existing 2047 notes, other than the issue
date and issue price. The additional 2047 notes will be issued at a price equal
to 101.963% of their face value plus accrued and unpaid interest from the
original issuance date of September 14, 2017 to, but excluding, the date of
delivery of such notes, with an effective yield of 4.577%, if held to maturity.
An aggregate principal amount of US$900 million of 4.700% notes due 2047 will
be outstanding after giving effect to this offering. 

The notes will be issued by Brookfield Finance Inc., a 100% owned subsidiary of
Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The
net proceeds of the offering will be used for general corporate purposes. The
offering is expected to close on or about January 17, 2018. 

The notes will be offered under Brookfield Finance Inc.'s existing base shelf
prospectus filed in the United States and Canada. In the United States, the
notes are being offered pursuant to an effective registration statement filed
with the U.S. Securities and Exchange Commission on September 29, 2017. The
offering will be made only by means of a prospectus supplement relating to the
offering of the notes. You may obtain these documents for free on EDGAR at
www.sec.gov or on SEDAR at www.sedar.com. Before you invest, you should read
these documents and other public filings by Brookfield for more complete
information about Brookfield and this offering. 

Alternatively, copies can be obtained from:

Deutsche Bank Securities    Merrill Lynch, Pierce, Fenner & Smith Incorporated  
 Inc.                       NC1-004-03-43                                       
60 Wall Street              200 North College Street, 3rd floor, Charlotte NC   
New York, New York           28255-0001                                         
 10005-2836                 Attn: Prospectus Department                         
Telephone: [phone]   Telephone: [phone]                           
Email:                      Email: [e-mail]                 
 [e-mail]                                                         

This news release does not constitute an offer to sell or the solicitation of
an offer to buy the notes described herein, nor shall there be any sale of
these notes in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of
such jurisdiction. The notes being offered have not been approved or
disapproved by any regulatory authority, nor has any such authority passed upon
the accuracy or adequacy of the base shelf prospectus or the prospectus
supplement. 

Brookfield Asset Management
Brookfield Asset Management Inc. is a global alternative asset manager with
over US$265 billion in assets under management. The company has more than a
100-year history of owning and operating assets with a focus on real estate,
renewable power, infrastructure and private equity. Brookfield offers a range
of public and private investment products and services, and is co-listed on the
New York, Toronto and Euronext stock exchanges under the symbol BAM, BAM.A and
BAMA, respectively. 

For more information, please contact:

Claire Holland                        Linda Northwood                      
Communications & Media                Investor Relations                   
Tel: [phone]                   Tel: [phone]                  
Email: [e-mail]  Email: [e-mail]

Forward-Looking Statements
Note: This news release contains "forward-looking information" within the
meaning of Canadian provincial securities laws and "forward-looking statements"
within the meaning of Section 27A of the U.S. Securities Act of 1933, as
amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended,
"safe harbor" provisions of the United States Private Securities Litigation
Reform Act of 1995 and in any applicable Canadian securities regulations. The
word "will" and derivations thereof and other expressions that are predictions
of or indicate future events, trends or prospects and which do not relate to
historical matters identify forward-looking statements. 

Forward-looking statements in this news release include statements with respect
to the offering, the use of proceeds from the offering and the expected closing
date of the offering described in this news release. Although Brookfield
believes that such forward-looking statements and information are based upon
reasonable assumptions and expectations, the reader should not place undue
reliance on forward-looking statements and information as such statements and
information involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the Company
to differ materially from anticipated future results, performance or
achievement expressed or implied by such forward-looking statements and
information. 

Factors that could cause actual results to differ materially from those
contemplated or implied by forward-looking statements include: economic and
financial conditions in the countries in which we do business; the behaviour of
financial markets, including fluctuations in interest and exchange rates;
availability of equity and debt financing; and other risks and factors in the
prospectus and as detailed from time to time in the Company's Annual Report on
Form 40-F filed with the Securities and Exchange Commission as well as other
documents filed by the Company with the securities regulators in Canada and the
United States. 

We caution that the foregoing list of important factors that may affect future
results is not exhaustive. When relying on our forward-looking statements to
make decisions with respect to Brookfield, investors and others should
carefully consider the foregoing factors and other uncertainties and potential
events. Except as required by law, the Company undertakes no obligation to
publicly update or revise any forward-looking statements or information,
whether written or oral, that may be as a result of new information, future
events or otherwise.