Brookfield (BN) is seeking a loan of 750 million Australian dollars ($525.1 million) to fund a payout to investors of La Trobe Financial and refinance existing debt, Bloomberg reported Monday, citing unnamed people familiar with the matter.

The deal is split into a AU$700 million five-year loan and a AU$50 million revolving credit facility, with Morgan Stanley (MS) and UBS (UBS) arranging the deal,the company said.

Brookfield did not immediately reply to MT Newswires' request for comment.

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