PrefBlog

Sixty Split Corp. has announced:

that it has called 8,298 Preferred Shares for cash redemption on March 13, 2009 (in accordance with the Company’s Articles) representing approximately 1.219% of the outstanding Preferred Shares as a result of the special annual retraction of 85,596 Capital Shares by the holders thereof. The Preferred Shares shall be redeemed on a pro rata basis, so that each holder of Preferred Shares of record on March 12, 2009 will have approximately 1.219% of their Preferred Shares redeemed. The redemption price for the Preferred Shares will be $25.00 per share

Holders of Preferred Shares that are on record for dividends but have been called for redemption will be entitled to receive dividends thereon which have been declared but remain unpaid up to but not including March 13, 2009.

SXT.PR.A is tracked by HIMIPref™ but is not currently included in the HIMIPref™ Indices due to low averageTradingValue. It was last moved to “Scraps” on the March 30, 2007 Rebalancing.

This entry was posted on Monday, March 2nd, 2009 at 7:32 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.