Filing Details

 

	UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	Washington, DC 20549
	SCHEDULE 13D

 

Under the Securities Exchange Act of 1934
(Amendment No. 2 )*

 

(Name of Issuer)

 

(Title of Class of Securities)

 

(CUSIP Number)

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

^ As of the date of this Amendment, Brookfield Asset Management Inc. beneficially owns 244,319,175 Common Units and warrants to purchase 50,675,000 additional Common Units. 675,000 of such warrants are exercisable until June 29, 2023. 50,000,000 of such warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,989,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,675,000 Common Units to be issued upon exercise of the warrants beneficially owned by Brookfield Asset Management Inc.

 

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^ As of the date of this Amendment, Partners Limited beneficially owns 244,319,175 Common Units and warrants to purchase 50,675,000 additional Common Units. 675,000 of such warrants are exercisable until June 29, 2023. 50,000,000 of such warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,989,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,675,000 Common Units to be issued upon exercise of the warrants beneficially owned by Partners Limited.

 

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^ As of the date of this Amendment, Brookfield TK TOLP L.P. beneficially owns 244,000,000 Common Units and warrants to purchase 50,000,000 additional Common Units. The 50,000,000 warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,314,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,000,000 Common Units to be issued upon exercise of the warrants beneficially owned by Brookfield TK TOLP L.P.

 

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^ As of the date of this Amendment, Brookfield Capital Partners (Bermuda) Ltd. beneficially owns 244,143,968 Common Units and warrants to purchase 50,000,000 additional Common Units. The 50,000,000 warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,314,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,000,000 Common Units to be issued upon exercise of the warrants beneficially owned by Brookfield Capital Partners (Bermuda) Ltd.

 

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^ As of the date of this Amendment, BCP GP Limited beneficially owns 244,143,968 Common Units and warrants to purchase 50,000,000 additional Common Units. The 50,000,000 warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,314,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,000,000 Common Units to be issued upon exercise of the warrants beneficially owned by BCP GP Limited.

 

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^ As of the date of this Amendment, Brookfield Private Equity Group Holdings LP beneficially owns 244,143,968 Common Units and warrants to purchase 50,000,000 additional Common Units. The 50,000,000 warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,314,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,000,000 Common Units to be issued upon exercise of the warrants beneficially owned by Brookfield Private Equity Group Holdings LP.

 

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^ As of the date of this Amendment, Brookfield Private Equity Inc. beneficially owns 244,143,968 Common Units and warrants to purchase 50,000,000 additional Common Units. The 50,000,000 warrants are exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. This amount excludes securities of the issuer beneficially owned by Teekay Corporation and its affiliates. See Item 5.

 

* This calculation is based on 460,314,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 50,000,000 Common Units to be issued upon exercise of the warrants beneficially owned by Brookfield Private Equity Inc.

 

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Item 1.                                 Security and Issuer

 

This Amendment No. 2 (this Amendment) amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission on August 7, 2017, as amended by Amendment No. 1 filed with the Securities and Exchange Commission on September 28, 2017 (the Original Schedule 13D), relating to common units (the Common Units) representing limited partnership interests of Teekay Offshore Partners L.P., a limited partnership organized under the laws of the Republic of the Marshall Islands (the Issuer or the Partnership), with principal executive offices at 4th Floor, Belvedere Building, 69 Pitts Bay Road, Hamilton, HM 08, Bermuda. As of July 2, 2018, there were 410,314,977 Common Units of the Issuer outstanding.

 

Item 2.                                 Identity and Background

 

Item 2(a) of the Original Schedule 13D is hereby amended and restated in its entirety, with effect from the date of the event giving rise to this Amendment, as follows:

 

(a) This Amendment is being filed jointly on behalf of the following persons (collectively, the Reporting Persons):

 

(i) Partners Limited, a corporation formed under the laws of Ontario, Canada (Partners Limited);

 

(ii) Brookfield Asset Management Inc., a corporation formed under the laws of Ontario, Canada (BAM);

 

(iii) Brookfield Private Equity Inc., a corporation formed under the laws of Ontario, Canada (BPE).

 

(iv) Brookfield Private Equity Group Holdings LP, a Manitoba limited partnership (BF Holdings);

 

(v) BCP GP Limited, a corporation formed under the laws of Ontario, Canada (BCP GP);

 

(vi) Brookfield Capital Partners (Bermuda) Ltd., a corporation formed under the laws of Bermuda (Brookfield Capital Partners); and

 

(vii) Brookfield TK TOLP L.P., a limited partnership formed under the laws of Bermuda (Brookfield TOLP).

 

175,207 of the Common Units and 675,000 warrants to purchase Common Units (Warrants) reported herein as being beneficially owned by Partners Limited and BAM are held by investment funds (the BIM Funds) that are managed by Brookfield Investment Management Inc. (BIM). Since BIM manages such funds, it may be deemed to beneficially own such Common Units and Warrants. Since BIM is a subsidiary of BAM, BAM may also be deemed to beneficially own all of such Common Units and Warrants. Partners Limited holds 85,120 Class B Limited Voting Shares of BAM, representing 100% of such shares, and 867,495 Class A Limited Voting Shares of BAM, representing approximately 0.1% of such shares. As a result, Partners Limited may also be deemed to beneficially own such Common Units and Warrants held by the BIM Funds. For the avoidance of doubt, neither BIM, nor the BIM Funds, have entered into the agreements with affiliates of Teekay Corporation referred to in the Transactions.

 

244,000,000 Common Units and 50,000,000 Warrants reported herein are directly held by Brookfield TOLP. 143,968 Common Units reported herein are directly held by Brookfield Asset Management Private Institutional Capital Advisors (Private Equity) L.P. (Brookfield Private Institutional). Brookfield TOLP and Brookfield Private Institutional are controlled by their general partner, Brookfield Capital Partners. Brookfield Capital Partners is controlled by its sole shareholder, BCP GP. BCP GP is controlled by its sole shareholder, BF Holdings. BF Holdings is controlled by its general partner, BPE. BPE is controlled by its sole shareholder, BAM. As a result, Brookfield Capital Partners, BCP GP, BF Holdings, BPE, BAM and Partners Limited may also be deemed to beneficially own the Common Units and Warrants directly held by Brookfield TOLP and Brookfield Asset Private Institutional.

 

Item 3.                                 Source and Amount of Funds or Other Consideration

 

Item 3 of the Original Schedule 13D is hereby amended, with effect from the date of the event giving rise to this Amendment, by adding the following at the end thereof:

 

On July 2, 2018, Brookfield TOGP exercised its option to acquire an additional 2% of the limited liability company interests in

 

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the Teekay Offshore General Partner and, in exchange, assigned 1,000,000 Warrants to an affiliate of Teekay Corporation. Brookfield TOGP now owns 51% of the limited liability company interests in the Teekay Offshore General Partner.

 

Item 4.                                 Purpose of Transaction

 

Item 4 of the Original Schedule 13D is hereby amended, with effect from the date of the event giving rise to this Amendment, by adding the following at the end thereof:

 

On March 31, 2018, the Partnership entered into an 18-month $125.0 million unsecured revolving credit facility, of which $25.0 million is being provided by Teekay Corporation and $100.0 million is being provided by Brookfield Business Partners L.P., together with institutional partners. Brookfield Business Partners L.P., an affiliate of the Reporting Persons, acts as administrative agent of the $125.0 million facility. The $125.0 million facility was fully drawn as of June 22, 2018.

 

On July 2, 2018, Brookfield TOLP purchased $500 million of 8.5% Senior Notes due 2023 issued by the Partnership and Teekay Offshore Finance Corp. The net proceeds of this offering were used, in part, to repay at par an outstanding $200 million 10% promissory note of the Partnership held by Brookfield TOLP and make an associated $12 million make-whole payment.

 

On July 2, 2018, Brookfield TOGP exercised its option to acquire an additional 2% of the limited liability company interests in the Teekay Offshore General Partner and, in exchange, assigned 1,000,000 Warrants to an affiliate of Teekay Corporation. As a result of Brookfield TOGP exercising its option, Brookfield TOGP now owns 51% of the limited liability company interests in the Teekay Offshore General Partner and has the ability to appoint a majority of the members of the board of directors of Teekay Offshore General Partner. Brookfield TOGP is controlled by its general partner, Brookfield Capital Partners.

 

Item 5.                                 Interest in Securities of the Issuer

 

Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety, with effect from the date of the event giving rise to this Amendment, as follows:

 

(a)                                 As of the date of this Amendment, the aggregate number and percentage of Common Units of the Issuer, including the Warrants on an as-exercised basis, beneficially owned by the BIM Funds is 850,207 Common Units, constituting approximately 0.2% of the 410,989,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 675,000 Common Units to be issued upon exercise of the Warrants beneficially owned by the BIM Funds. Since BIM manages such funds, it may be deemed to beneficially own such Common Units and Warrants. Since BIM is a subsidiary of BAM, BAM may also be deemed to beneficially own all of such Common Units and Warrants. Partners Limited holds 85,120 Class B Limited Voting Shares of BAM, representing 100% of such shares, and 867,495 Class A Limited Voting Shares of BAM, representing approximately 0.1% of such shares. As a result, Partners Limited may also be deemed to beneficially own such Common Units and Warrants. For the avoidance of doubt, neither BIM, nor the BIM Funds, have entered into the agreements with affiliates of Teekay Corporation referred to in the following two paragraphs.

 

As of the date of this Amendment, Brookfield TOLP directly holds 244,000,000 Common Units and 50,000,000 Warrants and Brookfield Private Institutional directly holds 143,968 Common Units. Brookfield Capital Partners is the general partner of Brookfield TOLP and Brookfield Private Institutional. Brookfield Capital Partners is controlled by its sole shareholder, BCP GP. BCP GP is controlled by its sole shareholder, BF Holdings. BF Holdings is controlled by its general partner, BPE. BPE is controlled by its sole shareholder, BAM. As a result, Brookfield Capital Partners, BCP GP, BF Holdings, BPE, BAM and Partners Limited may also be deemed to beneficially own the Common Units and Warrants held by Brookfield TOLP and Brookfield Private Institutional.

 

Upon the closing of the Transactions, Brookfield TOLP and Brookfield TOGP entered into agreements with affiliates of Teekay Corporation providing certain governance and other rights with respect to the Partnership. See Item 6 below. Based on such agreements, the Reporting Persons and Teekay Corporation and/or its affiliates (collectively, Teekay) may be deemed to have formed a group within the meaning of Section 13(d)(5) of the Securities Exchange Act of 1934, as amended. Teekay has informed the Reporting Persons that Teekay beneficially owns 56,587,484 Common Units, representing 13.8% of the outstanding Common Units of the Issuer, which excludes 15,500,000

 

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Warrants that are not currently exercisable but will become exercisable during the period commencing on the first date that the ten-day volume-weighted average price of the Common Units is equal to or greater than $4.00 per unit and ending on September 25, 2024. Including the Common Units underlying the 15,500,000 Warrants, Teekay would beneficially own 72,087,484 Common Units, representing 16.9% of the outstanding Common Units of the Issuer. Partners Limited, BAM and Teekay, collectively, may be deemed to beneficially own 367,081,660 Common Units of the Issuer, constituting approximately 77.0% of the 476,489,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 66,175,000 Common Units to be issued upon exercise of the Warrants beneficially owned by such entities. BPE, BF Holdings, BCP GP and Brookfield Capital Partners and Teekay, collectively, may be deemed to beneficially own 366,231,452 Common Units of the Issuer, constituting approximately 77.0% of the 475,814,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 65,500,000 Common Units to be issued upon exercise of the Warrants beneficially owned by such entities. Brookfield TOLP and Teekay, together, may be deemed to beneficially own 366,087,484 Common Units of the Issuer, constituting approximately 76.9% of the 475,814,977 Common Units, comprised of 410,314,977 Common Units outstanding as of July 2, 2018 and 65,500,000 Common Units to be issued upon exercise of the Warrants beneficially owned by such entities. The Reporting Persons expressly disclaim beneficial ownership of the securities beneficially owned by Teekay.

 

(b)                                 Partners Limited and BAM have shared voting power and shared dispositive power over the Common Units and Warrants held by the BIM Funds. Partners Limited, BAM, BPE, BF Holdings, BCP GP, Brookfield Capital Partners and Brookfield TOLP have shared voting power and shared dispositive power over the Common Units and Warrants held by Brookfield TOLP. Partners Limited, BAM, BPE, BF Holdings, BCP GP, Brookfield Capital Partners and Brookfield Private Institutional have shared voting power and shared dispositive power over the Common Units held by Brookfield Private Institutional.

 

(c)                                  Other than as described herein, Reporting Persons have not effected any transactions in (i) the Common Units or (ii) warrants for the purchase of Common Units during the past 60 days.

 

(d)                                 The Reporting Persons have the right to receive distributions from, or proceeds from the sale of, the Common Units and Warrants reported herein. Except as set forth in the preceding sentence, no other person is known by the Reporting Persons to have the right to receive or the power to direct the receipt of distributions from, or the proceeds from the sale of, Common Units beneficially owned by the Reporting Persons.

 

(e)                                  Not applicable.

 

Item 6.                                 Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

 

Item 6 of the Original Schedule 13D is hereby amended, with effect from the date of the event giving rise to this Amendment, by adding the following at the end thereof:

 

On March 13, 2018, the Issuer granted to Brookfield Private Institutional 143,968 Common Units as part of the 2017 and 2018 director compensation payable to directors appointed by Brookfield TOGP.

 

On March 31, 2018, the Partnership entered into an 18-month $125.0 million unsecured revolving credit facility, of which $25.0 million is being provided by Teekay Corporation and $100.0 million is being provided by Brookfield Business Partners L.P., together with institutional partners. Brookfield Business Partners L.P., an affiliate of the Reporting Persons, acts as administrative agent of the $125.0 million facility. The $125.0 million facility was fully drawn as of June 22, 2018.

 

On July 2, 2018, Brookfield TOLP purchased $500 million of 8.5% Senior Notes due 2023 issued by the Partnership and Teekay Offshore Finance Corp. The net proceeds of this offering were used, in part, to repay at par an outstanding $200 million 10% promissory note of the Partnership held by Brookfield TOLP and make an associated $12 million make-whole payment.

 

The information provided in Items 3 and 4 above is hereby incorporated by reference into this Item 6.

 

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SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: July 9, 2018

 

		PARTNERS LIMITED
	By:	/s/ Brian D. Lawson
		Name:	Brian D. Lawson
		Title:	President
		BROOKFIELD ASSET MANAGEMENT INC.
	By:	/s/ A.J. Silber
		Name:	A.J. Silber
		Title:	VP, Legal Affairs and Corporate Secretary
		BROOKFIELD PRIVATE EQUITY, INC.
	By:	/s/ A.J. Silber
		Name:	A.J. Silber
		Title:	Director

 

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		BROOKFIELD PRIVATE EQUITY GROUP HOLDINGS LP, BY ITS GENERAL PARTNER, BROOKFIELD PRIVATE EQUITY, INC.
	By:	/s/ A.J. Silber
		Name:	A.J. Silber
		Title:	Director
		BCP GP LIMITED
	By:	/s/ A.J. Silber
		Name:	A.J. Silber
		Title:	Director
		BROOKFIELD CAPITAL PARTNERS (BERMUDA) LTD.
	By:	/s/ Gregory E A Morrison
		Name:	Gregory E A Morrison
		Title:	Director
		BROOKFIELD TK TOLP L.P., BY ITS GENERAL PARTNER, BROOKFIELD CAPITAL PARTNERS (BERMUDA) LTD.
	By:	/s/ Gregory E A Morrison
		Name:	Gregory E A Morrison
		Title:	Director

 

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SCHEDULE I

 

PARTNERS LIMITED

 

Directors and Executive Officers

 

Name and Position of Officer or Director		Principal Business Address		Principal Occupation or Employment		Citizenship
Jack L. Cockwell, Director and Chairman		51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada		Corporate Director		Canada
David W. Kerr, Director		51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada		Chairman of Halmont Properties Corp.		Canada
Brian D. Lawson, Director and President		181 Bay Street, Brookfield Place, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner and Chief Financial Officer of BAM		Canada
George E. Myhal, Director		181 Bay Street, Brookfield Place, Suite 210, Toronto, Ontario M5J 2T3, Canada		President and CEO of Partners Value Investments Inc.		Canada
Timothy R. Price, Director		51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada		Chairman of Brookfield Funds		Canada
Tony E. Rubin, Treasurer		51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada		Accountant		Canada
Lorretta Corso, Secretary		181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada		Corporate Secretarial Administrator of BAM		Canada

 

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SCHEDULE II

 

BROOKFIELD ASSET MANAGEMENT INC.

 

Directors and Executive Officers

 

Name and Position of Officer or Director		Principal Business Address		Principal Occupation or Employment		Citizenship
M. Elyse Allan, Director		2300 Meadowvale Road, Mississauga, Ontario, L5N 5P9, Canada		President and Chief Executive Officer of General Electric Canada Company Inc.		Canada
Jeffrey M. Blidner, Senior Vice Chairman		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Vice Chairman of BAM		Canada
Angela F. Braly, Director		832 Alverna Drive, Indianapolis, Indiana 46260		President & Founder of The Braly Group, LLC		U.S.A.
Jack L. Cockwell, Director		51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada		Corporate Director		Canada
Marcel R. Coutu, Director		335 8th Avenue SW, Suite 1700, Calgary, Alberta T2P 1C9, Canada		Former President and Chief Executive Officer of Canadian Oil Sands Limited		Canada
Maureen Kempston Darkes, Director		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Corporate Director and former President, Latin America, Africa and Middle East of General Motors Corporation		Canada
Murilo Ferreira, Director		Rua General Venâncio Flores, 50 Cob. 01 Leblon, Rio De Janeiro RJ 22441-090		Former Chief Executive Officer, Vale SA		Brazil

 

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J. Bruce Flatt, Director and Senior Managing Partner and Chief Executive Officer		181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner and Chief Executive Officer of BAM		Canada
Robert J. Harding, Director		181 Bay Street, Suite 300, Brookfield Place, Toronto, Ontario M5J 2T3, Canada		Past Chairman of BAM		Canada
David W. Kerr, Director		51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada		Chairman of Halmont Properties Corp.		Canada
Brian W. Kingston, Senior Managing Partner		250 Vesey St., 15 Floor New York, New York 10281		Senior Managing Partner of BAM		Canada

 

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Name and Position of Officer or Director		Principal Business Address		Principal Occupation or Employment		Citizenship
Brian D. Lawson, Senior Managing Partner and Chief Financial Officer		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner and Chief Financial Officer of BAM		Canada
Cyrus Madon, Senior Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner of BAM		Canada
Frank J. McKenna, Director		TD Bank Group, P.O. Box 1, TD Centre, 66 Wellington St. West, 4th Floor, TD Tower, Toronto, Ontario M5K 1A2, Canada		Chair of BAM and Deputy Chair of TD Bank Group		Canada
Rafael Miranda, Director		C/Santiago de Compostela 100 28035 Madrid, Spain		Former Chief Executive Officer, Endesa S.A.		Spain
Youssef A. Nasr, Director		P.O. Box 16 5927, Beirut, Lebanon		Corporate Director and former Chairman and CEO of HSBC Middle East Ltd. and former President of HSBC Bank Brazil		Lebanon and Canada
Lord Augustine Thomas ODonnell, Director		P.O. Box 1, TD Centre, 66 Wellington St. W., 4th Floor, TD Tower Toronto, Ontario M5K 1A2, Canada		Chairman of Frontier Economics		United Kingdom
Samuel J.B. Pollock, Senior Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner of BAM		Canada
Ngee Huat Seek, Director		501 Orchard Road, #08 - 01 Wheelock Place, Singapore 238880.		Former Chairman of the Latin American Business Group, Government of Singapore Investment Corporation		Singapore

 

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Diana L. Taylor, Director		Solera Capital L.L.C 625 Madison Avenue, 3rd Floor, New York, N.Y. 10022		Vice Chair of Solera Capital LLC		U.S.A.
A.J. Silber, Vice-President, Legal Affairs and Corporate Secretary		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Vice-President, Legal Affairs and Corporate Secretary of BAM		Canada

 

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SCHEDULE III

 

BROOKFIELD PRIVATE EQUITY INC.

 

Directors and Executive Officers

 

Name and Position of Officer or Director		Principal Business Address		Principal Occupation or Employment		Citizenship
A.J. Silber, Director		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Vice-President, Legal Affairs and Corporate Secretary of BAM		Canada
David Grosman, Director and Senior Vice President		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Director and Senior Vice President of BAM entities		Canada
Jaspreet Dehl, Director, Managing Director and Secretary		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Director, Managing Director and Secretary of BAM entities		Canada
Cyrus Madon, Senior Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner of BAM entities		Canada
Joseph Freedman, Senior Vice Chairman		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Vice Chairman of BAM entities		Canada
David Nowak, Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Managing Partner of BAM entities		Canada
Ryan Szainwald, Senior Vice President		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Vice President of BAM entities		Canada

 

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SCHEDULE IV

 

BCP GP LIMITED

 

Directors and Executive Officers

 

Name and Position of Officer or Director		Principal Business Address		Principal Occupation or Employment		Citizenship
A.J. Silber, Director		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Vice-President, Legal Affairs and Corporate Secretary of BAM		Canada
David Grosman, Director and Senior Vice President		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Director and Senior Vice President of BAM entities		Canada
Jaspreet Dehl, Director, Managing Director and Secretary		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Director, Managing Director and Secretary of BAM entities		Canada
Cyrus Madon, Senior Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Managing Partner of BAM entities		Canada
Joseph Freedman, Senior Vice Chairman		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Vice Chairman of BAM entities		Canada
David Nowak, Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Managing Partner of BAM entities		Canada
Jim Reid, Managing Partner		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Managing Partner of BAM entities		Canada
Ryan Szainwald, Senior Vice President		181 Bay Street, Suite 300 Toronto, Ontario M5J 2T3, Canada		Senior Vice President of BAM entities		Canada

 

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SCHEDULE V

 

BROOKFIELD CAPITAL PARTNERS (BERMUDA) LTD.

 

Directors and Executive Officers

 

Name and Position of Officer or Director		Principal Business Address		Principal Occupation or Employment		Citizenship
Gregory N McConnie, Director and Vice President		Rendezvous Corporate Center, 2nd Floor Rendezvous Christ Church Barbados BB15131		Director and Vice President		Barbados
Gregory E A Morrison, Director and President		73 Front Street, 5th Floor Hamilton HM 12 Bermuda		Director and President		Canada
James A Bodi, Director		Canons Court 22 Victoria Street Hamilton HM 12 Bermuda		Director		Canada
Alison Dyer-Fagundo, Alternate Director to James A Bodi		Canons Court 22 Victoria Street Hamilton HM 12 Bermuda		Alternate Director to James A Bodi		Canada
Kerry-Ann Cato, Alternate Director to Gregory N McConnie and Vice President		Rendezvous Corporate Center, 2nd Floor Rendezvous Christ Church Barbados BB15131		Alternate Director to Gregory N McConnie and Vice President		Canada
Terry Veronica Gittens, Alternate Director to Gregory E A Morrison/ Vice President		Rendezvous Corporate Center, 2nd Floor Rendezvous Christ Church Barbados BB15131		Alternate Director to Gregory E A Morrison/ Vice President		Barbados

 

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Sherry Millar, Vice President		Rendezvous Corporate Center, 2nd Floor Rendezvous Christ Church Barbados BB15131		Vice President		Canada
Jane Sheere, Secretary		73 Front Street 5th Floor Hamilton HM 12 Bermuda		Secretary		United Kingdom
Anna Knapman-Scott, Assistant Secretary		73 Front Street 5th Floor Hamilton HM 12 Bermuda		Assistant Secretary		United Kingdom

 

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