Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
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Capital Structure Overview<br />
Flexible Capital Structure<br />
Highlights<br />
Cash $0.8b<br />
GGP consolidated property p level debt<br />
($14.6b)<br />
• Average debt maturity of five years<br />
– Only 18% matures prior to 2014<br />
– $2.6 billion of variable rate debt<br />
– $300+ million of amortization per year<br />
Rouse Properties’ property level • Weighted average age interest est rate of 5.28%<br />
secured debt ($1.1b)<br />
GGP unconsolidated property level<br />
secured debt ($2.5b)<br />
Total corporate and subsidiary debt<br />
($2.0b)<br />
• Majority of debt is non-recourse to GGP<br />
• $750 million undrawn revolving credit facility<br />
Equity ($12.1b) 1<br />
1<br />
Reflects the closing price per share on September 14, 2011 of $12.81<br />
2<br />
All figures as of June 30, 2011, except for share buybacks<br />
92<br />
| <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.
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