Brascan Issues $125M of Securities

Brascan Corporation issued $125 million principal amount of 8.3 per cent preferred securities on April 19, 2002, and qualified these securities by filing a prospectus in each province of Canada.

Torys LLP acted for Brascan, with a team that included Phil Brown, Phil de L. Panet, Jon Boulakia and Jim Welkoff (tax). The underwriters group, led by RBC Dominion Securities Inc.,was represented by Lawrence Chernin, Fraser McDonald, Linda Misetich and Sofia Tsakos of Goodman and Carr LLP.