Brookfield Corporation to Issue C$150 Million of Preferred Shares

Brookfield Corporation ("Brookfield") (NYSE: BN) (TSX: BN) today announced that it has agreed to issue 6,000,000 Class A Preference Shares, Series 56 ("Preferred Shares, Series 56") on a bought deal basis to a syndicate of underwriters (the "Underwriters") led by RBC Capital Markets, BMO Capital Markets, CIBC Capital Markets, National Bank Financial Inc., Scotiabank and TD Securities Inc. for distribution to the public. The Preferred Shares, Series 56 will be issued at a price of C$25.00 per sha