04:10 PM EST - Brookfield Asset Management Inc. : says it has struck a deal to refinance US$800 million in debt of its Australian real estate unit and plans to combine all its European operations into a single operating company. Brookfield said Thursday it had finalized a deal to extend by one year the payment of a US$1.6 billion loan that was due next April. Under the new agreement, the loan will be reduced to US$800 million of which US$140 million will be repaid next April and the rest a year later. Brookfield Asset Management Inc.
shares T.BAM.A are trading up 81 cents at $18.02.
