NB Split Corp has announced:
the redemption prices for all outstanding Capital Shares and Preferred Shares as follows:
– Redemption Price per two Capital Shares: $43.94
– Redemption Price per Preferred Share: $32.72
Holders of 34,600 Capital Shares requested delivery of and will receive their pro rata share of National Bank shares in payment for their Capital Shares instead of cash.
All redemption payments are expected to be made on or about February 21, 2012.
DBRS has discontinued the rating.
NBF.PR.A was last mentioned on PrefBlog when it was upgraded to Pfd-3(high) by DBRS. NBF.PR.A was not tracked by HIMIPref™.
This entry was posted on Friday, February 17th, 2012 at 9:20 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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NBF.PR.A Matures on Schedule
NB Split Corp has announced:
DBRS has discontinued the rating.
NBF.PR.A was last mentioned on PrefBlog when it was upgraded to Pfd-3(high) by DBRS. NBF.PR.A was not tracked by HIMIPref™.
This entry was posted on Friday, February 17th, 2012 at 9:20 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.