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Brookfield Seeks $800M Loan for World Freight Buy

Bloomberg Markets •
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Brookfield Asset Management is seeking an $800 million loan to finance its proposed acquisition of World Freight Co., an air cargo specialist, according to sources familiar with the matter. The financing would support Brookfield's purchase of the logistics company as part of a broader strategy to expand its transportation portfolio.

This deal comes amid a surge in acquisition financing across Asia, where private equity firms and asset managers are actively deploying capital. World Freight's air cargo expertise positions it as an attractive target in the booming e-commerce and global trade sectors. The $800 million loan request suggests a significant transaction value, though the total deal size remains undisclosed.

The financing highlights Brookfield's aggressive approach to dealmaking in the logistics space. By securing debt backing before finalizing the acquisition, Brookfield demonstrates confidence in the transaction's viability and the air cargo market's growth prospects. The loan would join a wave of similar financings supporting major corporate acquisitions in the region.