Canadian Utilities has announced:
Canadian Utilities Limited also announced today that it will redeem on July 19, 2012 all of its outstanding Cumulative Redeemable Second Preferred Shares Series W at a price of $25.00 per share plus accrued and unpaid dividends per share.
CU.PR.A has been tracked by HIMIPref™. It is a member of the PerpetualPremium index and closed Friday at 25.34-40 to yield (7.81%) – (10.56%) based on an immediate call. IIROC halted trading today at 3:12 “pending news”, prior to which the issue had traded 950 shares in a range of 25.34-38.