Brookfield Asset Management Inc. (BAM.A)(BAM)(EURONEXT:BAMA) announced that it has exercised its right to redeem $361.2 million principal amount of its $516 million 8.95% notes due June 2, 2014.
The redemption price for the notes will be determined in accordance with the provisions of the trust indenture dated Sept. 20, 1995, and the eleventh supplemental indenture dated June 2, 2009, and will include accrued and unpaid interest on the notes up to, but not including, the redemption date.
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