Battery maker’s $5bn debt deal hands Brookfield huge dividend
Clarios, a battery maker owned by Brookfield and Canadian pension fund CDPQ, raised $5bn this week in a sign that lenders do ...
Yahoo Finance19d
Brookfield’s Clarios Plans Raising Debt for Dividend, Sources Say
The Brookfield-CDPQ consortium has repaid more than $2 billion of Clarios’s debt since the takeover in 2019, the people said. Deliberations are ongoing and Clarios could still change its plans ...
Mint18d
Brookfield’s Clarios Plans Raising Debt for Dividend, Sources Say
(Bloomberg) -- Clarios International Inc. is considering taking on new debt in order to hand cash to its owners, including Brookfield Asset Management Ltd. and Canadian pension fund Caisse de ...
Financial Post17d
Brookfield-backed Clarios sells loan for US$4.5 billion payout
The new issuance will push Clarios’ debt pile to around US$12.5 billion. Its current debt pile stands at around US$8 billion, data compiled by Bloomberg shows. The proceeds will fund a distribution to ...
Yahoo18d
Brookfield-owned battery maker Clarios scraps US IPO plans
(Reuters) - Clarios International, a car battery maker owned by global investment firm Brookfield, on Monday filed to withdraw its initial public offering plans in the United States. Milwaukee ...
Financial Post19d
Brookfield's Clarios plans raising debt for dividend
Clarios filed for a United States initial public offering in July 2021, about two years after Brookfield and CDPQ acquired the business from Johnson Controls International Plc. for roughly US$13 ...
The Star17d
Brookfield Clarios plans raising debt for dividend
NEW YORK: Clarios International Inc is considering taking on new debt in order to hand cash to its owners, including Brookfield Asset Management Ltd and Canadian pension fund Caisse de Depot et ...