Business: Brookfield Finance Inc. 4.50% Perpetual Subordinated Notes guaranteed by Brookfield Corp. formerly Brookfield Asset Management Inc. (NYSE: BN) (See our definition of Guaranteed in our Glossary of Income Investing Terms for the technicalities of the guarantee), redeemable at the issuer's option on or after 11/24/2025 at $25 per note plus accrued and unpaid interest, with no stated maturity. <p> Interest distributions of 4.50% per annum ($1.125 per annum or $0.28125 per quarter) will be paid quarterly on 2/24, 5/24, 8/24 & 11/24 to holders of record on the record date (NOTE: the ex-dividend date is one business day prior to the record date). Dividends paid by this subordinated notes are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-44 of the prospectus for further information). </p> The issuer may elect to defer the interest payable on the Notes on one or more occasions (see prospectus for further information). This security is possibly subject to an early call before 11/24/2025 at $25.00 (100%) of their principal amount plus accrued and unpaid interest within 120 days of a tax event; before 11/24/2025 at $25.25 (101%) of their principal amount plus accrued and unpaid interest within 120 days of the occurrence of a rating agency event (see prospectus for further information). <p> This security was rated as Baa3 by Moody’s and BBB by S&P at the date of its IPO. This security was rated as BBB by Fitch Ratings Co. and BBB by DBRS Morningstar at the date of its IPO. The Notes are unsecured, subordinated obligations of the company and will rank junior to the company's senior debt, equally with all existing and future unsecured, subordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.