Category: Issue Comments

Issue Comments

TD.PF.E To Be Redeemed

The Toronto-Dominion Bank has announced: that it will exercise its right to redeem all of its 8,000,000 outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 9 (Non-Viability Contingent Capital) (the “Series 9 …

Read More

Issue Comments

RY.PR.M To Be Redeemed

Royal Bank of Canada has announced: its intention to redeem all of its issued and outstanding Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series BF (Series BF shares) (TSX: RY.PR.M) on …

Read More

Issue Comments

BMO.PR.Y To Be Redeemed

Bank of Montreal has announced (on 2025-7-8): its intention to redeem all of its 8,000,000 outstanding Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 33 (Non-Viability Contingent Capital (NVCC)) (the “Preferred Shares Series 33”) …

Read More

Issue Comments

CM.PR.Q To Be Redeemed

Canadian Imperial Bank of Commerce has announced: its intention to redeem all of its issued and outstanding Non-cumulative Rate Reset Class A Preferred Shares Series 43 (Non-viability contingent capital (NVCC)) (Series 43 shares) (TSX: CM.PR.Q), …

Read More

Issue Comments

TD.PF.D To Be Redeemed

The Toronto-Dominion Bank has announced: that it will exercise its right to redeem all of its 14 ,000,000 outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 7 (Non-Viability Contingent Capital) (the “Series …

Read More

Issue Comments

RY.PR.J To Be Redeemed

Royal Bank of Canada has announced: its intention to redeem all of its issued and outstanding Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series BD (Series BD shares) (TSX: RY.PR.J) on …

Read More

Issue Comments

CWB: Ticker Change to NA

National Bank of Canada and Canadian Western Bank have announced: the completion of the previously announced reorganization of CWB’s tier 1 capital. In particular, on the date hereof, all of the issued and outstanding First …

Read More

Issue Comments

TD.PF.C To Be Redeemed

The Toronto-Dominion Bank has announced: that it will exercise its right to redeem all of its 20,000,000 outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares, Series 5 (Non-Viability Contingent Capital) (the “Series 5 …

Read More