FTS.PR.C To Be Redeemed

Fortis Inc. has announced:

Redemption of Series “C” First Preference Shares

Fortis will redeem all of the issued and outstanding First Preference Shares, Series “C” of the Corporation in accordance with their terms on July 10, 2013. The redemption price will be $25.1456 in cash per share, being equal to $25.00 plus $0.1456, representing the amount of accrued and unpaid dividends per share for the period from and including June 1, 2013 to but excluding July 10, 2013. A notice of redemption providing additional details will be mailed to the registered holders of First Preference Shares, Series C on or about May 15, 2013. As previously announced, the regular quarterly preferential cash dividend of $0.340625 per share will be paid on June 1, 2013 to the holders of First Preference Shares, Series “C” of record as of the close of business on May 17, 2013.

FTS.PR.C was last mentioned on PrefBlog when it was added to TXPR effective 2013-4-22.

3 Responses to “FTS.PR.C To Be Redeemed”

  1. FletcherLynn says:

    Could this also be flagged as redeemed on the PrefInfo site?

  2. jiHymas says:

    Done! Thanks for this and your other notes about redemptions that were not properly recorded on PrefInfo. I have put you down for a one-year complimentary subscription to PrefLetter, commencing with the February, 2015, edition.

  3. FletcherLynn says:

    Wow. Thanks very much.
    You run a great group of very informative sites!!!

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