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Brookfield Secures $935M Loan for World Freight Acquisition

Bloomberg Markets •
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Brookfield Asset Management Ltd. is reportedly finalizing arrangements for a substantial $935 million loan intended to finance its acquisition of air cargo specialist, World Freight Co. This transaction represents the newest instance of significant acquisition financing activity occurring within the Asian market, reflecting continued appetite for major logistical asset purchases.

The investment firm reportedly executed the necessary loan documentation last week, according to sources familiar with the private negotiations. The financing is structured to become active immediately upon the successful closure of Brookfield's deal to take control of World Freight Co. from its current equity holders.

World Freight’s existing ownership group involves private equity firms EQT AB and PAI Partners, who are set to divest their stakes following the completion of the transaction. This move by Brookfield underscores a strategic expansion within the global freight and logistics sector, leveraging substantial debt financing for the purchase.

This financing milestone brings Brookfield closer to completing the integration of World Freight, marking a notable development in recent M&A activity supported by large-scale debt commitments in the region.