Brookfield Seeks Around $800 Million Loan for World Freight LBO

Brookfield Asset Management Ltd. is seeking a loan of around $800 million to back its proposed purchase of air cargo specialist World Freight Co., according to people familiar with the...

By Kari Soo Lindberg, Vinicy Chan · Bloomberg Markets

Brookfield Asset Management Ltd. is seeking a loan of around $800 million to back its proposed purchase of air cargo specialist World Freight Co., according to people familiar with the matter, adding to a recent wave of acquisition financings in Asia.