Battery maker’s $5bn debt deal hands Brookfield huge dividend

1 day ago · Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have piled into a bond and loan deal that will hand private equity giant Brookfield a …

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Battery Maker’s $5bn Debt Deal Hands Brookfield Huge Dividend

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Battery Maker’s $5bn Debt And Loan Deal Hands Brookfield Huge …

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8 hours ago · PressReader. Catalog; For You; Financial Times Europe. Battery maker’s $5bn debt and loan deal hands Brookfield huge dividend 2025-01-16 - ERIC PLATT, HARRIET …

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Brookfield-Backed Clarios Sells Loan For $4.5 Billion Payout

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Jan 8, 2025 · (Bloomberg) -- Car battery maker Clarios International Inc. launched a loan deal on Wednesday that will go toward paying a $4.5 billion dividend to its private equity owners — …

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Battery Maker’s $5bn Debt Deal Hands Brookfield Huge Dividend

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Battery maker’s $5bn debt deal hands Brookfield huge dividend. Christopher Harper Jan 15, 2025 0. 0 0 Read Time: 3 Minute, 9 Second ... Investors have piled into a bond and loan deal that …

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The Art Of Cross-border Deals Under Donald Trump - Financial Times

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3 hours ago · Brookfield this week finalised a mammoth capital raising against one of its portfolio companies, the battery maker Clarios, allowing it to draw a $4.5bn dividend from the business.

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Brookfield-backed Clarios Sells Loan For US$4.5 Billion Payout

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Jan 8, 2025 · Car battery maker Clarios International Inc. launched a loan deal that will pay a US$4.5 billion dividend to its owners. Read more here ... Being the first big deal out of the …

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Brookfield-Backed Clarios Launches $1.2 Billion Junk Bond

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2 days ago · Clarios International Inc. is in early discussions to price a $1.2 billion high-yield bond between 7% and 7.25%, as the car battery maker continues to raise debt to fund a $4.5 billion …

bloomberglaw.com

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Brookfield-owned Battery Maker Clarios Scraps US IPO Plans

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Jan 6, 2025 · Brookfield bought Clarios in 2019 for $13.2 billion including debt from Johnson Controls International, a maker of digital solutions for buildings, in one of the biggest deals …

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Brookfield-owned Battery Maker Clarios Scraps U.S. IPO Plans

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Jan 7, 2025 · Brookfield bought Clarios in 2019 for $13.2-billion including debt from Johnson Controls International, a maker of digital solutions for buildings, in one of the biggest deals …

theglobeandmail.com

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Battery Maker’s $5bn Debt Deal Hands Brookfield Huge Dividend

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Trump helped secure a Gaza ceasefire deal. Can it last? Wall Street stocks post biggest rally since Trump’s election victory; US announces ‘Trump-proof’ sanctions against Russia; …

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UPDATE 1-Brookfield's Car Battery Maker Clarios Confidentially Files ...

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May 5, 2021 · Electric-vehicle maker Lucid Motors struck a $24-billion merger deal with a blank-check firm in February, while another high-flying startup Rivian is also lining up to go public …

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FAQs about Battery maker’s $5bn debt deal hands Brookfield huge dividend Coupon?

Why did Brookfield raise a $4.5bn dividend?

Brookfield this week finalised a mammoth capital raising against one of its portfolio companies, the battery maker Clarios, allowing it to draw a $4.5bn dividend from the business. It’s cash that will appeal to endowments and pension funds, which have been starved of distributions as private equity sits on a record number of unsold companies. ...

Will a $5bn capital raise help investors in Brookfield funds?

The $5bn capital raise will be a boon to investors in Brookfield funds, given private equity firms have struggled to exit investments and return cash to their limited partners over the past three years. ...

Who owns Brookfield Asset Management?

The debt launch comes after the company shelved plans for an initial public offering. The proceeds will fund a distribution to shareholders, the person added. Brookfield Asset Management Ltd. and Canadian pension fund Caisse de Depot et Placement du Quebec are among the owners of the firm. ...

How much will Brookfield's investors get from Clarios?

Brookfield’s investors, including CDPQ, will receive a total of $4.5bn in dividends from Clarios, about 1.6 times their original $2.9bn equity investment when they bought the company from industrial conglomerate Johnson Controls in 2019, according to people briefed on the matter. ...

Will private equity re-capitalise a $5bn dividend?

It’s cash that will appeal to endowments and pension funds, which have been starved of distributions as private equity sits on a record number of unsold companies. The dividend, funded by a $5bn bond and loan sale, ranks among the largest dividend recapitalisations ever completed by a leveraged buyout group, according to PitchBook LCD. ...

Who will receive proceeds from Brookfield Asset Management & Caisse de depot et placement?

The proceeds from the deal will be distributed to shareholders, including Brookfield Asset Management Ltd. and Canadian pension fund Caisse de Depot et Placement du Quebec. Photo by Clarios/Bloomberg files ...