NEW YORK, March  03, 2026  (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM) (TSX:BAM) (&#34;Brookfield&#34;) announced today that it has established a commercial paper program on a private placement basis. Under

Brookfield Asset Management Announces $1 Billion Commercial Paper Program

Brookfield Launches $1 Billion Commercial Paper Program to Strengthen Balance Sheet

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, March  03, 2026  (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM) (TSX:BAM) (&amp;#34;Brookfield&amp;#34;) announced today that it has established a commercial paper program on a private placement basis. Under</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Brookfield Asset Management has established a $1 billion commercial paper program to enhance its financial flexibility. This initiative is expected to provide a new source of short-term capital, potentially strengthening its balance sheet and supporting general operational needs. Successful execution may positively influence investor confidence in Brookfield&#039;s financial stability.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Brookfield announced a new commercial paper program for $1 billion.</li><li>The program aims to diversify and strengthen the balance sheet.</li><li>Proceeds will be used for general corporate purposes.</li><li>The notes offered are unsecured and unregistered under U.S. law.</li><li>Brookfield manages over $1 trillion in various assets.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Brookfield Asset Management (BAM)</strong>: Facilitating a new funding mechanism enhances operational capabilities.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This development falls under Corporate Developments as it directly impacts Brookfield&#039;s financial strategy and liquidity management. The establishment of the commercial paper program reflects proactive measures to maintain balance sheet strength amid potential market challenges.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Implementation of the commercial paper program could lead to improved liquidity.</li><li>Increased investor confidence may boost BAM&#039;s stock prices.</li><li>Unsecured notes raise potential risks but diversify funding sources.</li><li>Market perception of BAM&#039;s financial flexibility may strengthen.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Brookfield can issue up to $1 billion in unsecured commercial paper.</li><li>The program aims to improve short-term capital availability.</li><li>BAM&#039;s total assets under management exceed $1 trillion.</li><li>The program allows for general corporate use of proceeds.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Invest in BAM as the commercial paper program could enhance liquidity and stability.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, March  03, 2026  (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BAM">BAM</a>) (TSX:<a class="ticker" href="https://www.benzinga.com/quote/BAM">BAM</a>) ("Brookfield") announced today that it has established a commercial paper program on a private placement basis. Under the program, Brookfield may issue unsecured commercial paper notes (the "notes") up to a maximum aggregate amount outstanding at any time of $1 billion. The program is expected to further diversify and strengthen Brookfield's balance sheet by providing another source of short-term capital. The proceeds from the issuance of any notes will be used for general corporate purposes.</p>  <p align="justify">The notes to be offered under the program have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements of the Securities Act and applicable state laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy notes under Brookfield Asset Management's commercial paper program and is being issued in accordance with Rule 135c under the Securities Act.</p>  <p align="justify"><strong>About Brookfield Asset Management</strong></p>  <p align="justify">Brookfield Asset Management Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BAM">BAM</a>, TSX:<a class="ticker" href="https://www.benzinga.com/quote/BAM">BAM</a>) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield's heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.</p>  <p align="justify">For more information, please visit our website at <a href="https://www.globenewswire.com/Tracker?data=QOGpSIcpiIDqu_ZeJSKS3neEQxYVttHocwYw8AxPyfOz-BslCtTSS82_nG0peOPNw1hR-kSPHUSNEb7dXHGRmiIdKPk8Hrsrh5dms6nDg_M=" rel="nofollow" target="_blank">www.bam.brookfield.com</a></p> <table style="border-collapse: collapse; width:90%; border-collapse:collapse ;"><tr><td style="max-width:50%; width:50%; min-width:50%;"><strong>Media:</strong><strong>  </strong></td><td style="max-width:50%; width:50%; min-width:50%;"><strong>Investor Relations:</strong></td></tr><tr><td>Simon Maine </td><td>Jason Fooks</td></tr><tr><td>Tel: (332) 298-0447 </td><td>Tel: (212) 417-2442</td></tr><tr><td>Email: <a href="mailto:simon.maine@brookfield.com" rel="nofollow" target="_blank">simon.maine@brookfield.com</a></td><td>Email: <a href="mailto:jason.fooks@brookfield.com" rel="nofollow" target="_blank">jason.fooks@brookfield.com</a></td></tr><tr><td> </td><td> </td></tr></table> <p align="justify"><strong>Notice to Readers</strong></p>  <p align="justify"><em>This press release contains "forward-looking information" within the meaning of Canadian provincial securities laws and "forward-looking statements" within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, "forward-looking statements"). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management's current estimates, beliefs and assumptions and which in turn are based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Brookfield are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as "expect", "anticipate", "believe", "foresee", "could", "estimate", "goal", "intend", "plan", "seek", "strive", "will", "may" and "should" and similar expressions. In particular, the forward-looking statements contained in this press release include statements referring to the commercial paper program and the expected use of proceeds from the program.</em></p>  <p align="justify"><em>Although Brookfield believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in the United States and Canada, not presently known to Brookfield, or that Brookfield currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements. </em></p>  <p align="justify"><em>Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this press release. Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, as a result of new information, future events or otherwise.</em></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY2NTAyNSM3NDY1NDE1IzIyNTQ3Njc="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/Mjg0ODVmNzEtYTZmZC00MjM3LWEwYmItYjdjNzc2MzkwYjhlLTEyNjYzMTYtMjAyNi0wMy0wMy1lbg==/tiny/Brookfield-Asset-Management-Lt.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/3a57691b-db18-4432-b333-64c887278a17"><img src="https://ml.globenewswire.com/media/3a57691b-db18-4432-b333-64c887278a17/small/brookfield-jpg.jpg" border="0" width="150" height="26" alt="Primary Logo"></img></a></p>

Brookfield Asset Management has established a $1 billion commercial paper program to enhance its financial flexibility. This initiative is expected to provide a new source of short-term capital, potentially strengthening its balance sheet and supporting general operational needs. Successful execution may positively influence investor confidence in Brookfield's financial stability.

Brookfield Asset Management Announces $1 Billion Commercial Paper Program

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