Laurentian Bank of Canada has announced (as part of their previously reported new issue announcement):
that it intends to redeem, on June 16, 2014, all of its 4,400,000 issued and outstanding Non-Cumulative Class A Preferred Shares, Series 10 (the “Preferred Shares Series 10”), at a price of $25.00 per share for an aggregate consideration of $110 million.
LB.PR.E is a Straight Perpetual with a 5.25% coupon that commenced trading 2004-4-15.
This entry was posted on Tuesday, March 25th, 2014 at 6:41 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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LB.PR.E To Be Redeemed
Laurentian Bank of Canada has announced (as part of their previously reported new issue announcement):
LB.PR.E is a Straight Perpetual with a 5.25% coupon that commenced trading 2004-4-15.
This entry was posted on Tuesday, March 25th, 2014 at 6:41 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.