TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Oct 04, 2023 10:27am
200 Views
Post# 35668917
RE:RE:RE:RE:RE:Another $12 Billion...
RE:RE:RE:RE:RE:Another $12 Billion...
"$12 Billion, I believe is Equity. "
NO. Most definitely not.
Brookfield is starting a fund. The equity of the fund is $12 billion ($8.5 billion raised from partners). Brookfield will take $3.5 billion from cash on hand to own that share of the partnership.
One asset goes up by $3.5 billion (share of partnership)
One asset goes down by $3.5 billion (cash on hand)
Net effect on shareholders equity: ZERO
Period.