GWO.PR.Q Firm on Good Volume

Great-West Lifeco has announced:

the completion of its offering of 8,000,000 Non-Cumulative First Preferred Shares, Series Q through a syndicate of underwriters co-led by BMO Capital Markets, RBC Capital Markets, and Scotiabank for gross proceeds of $200 million. The Series Q Shares will be posted for trading on the Toronto Stock Exchange under the symbol “GWO.PR.Q”.

GWO.PR.Q is a Straight Perpetual, 5.15%, announced June 28.

GWO.PR.Q traded 571,926 shares today in a range of 24.95-02 before closing at 25.00-02, 7×114. The issue will be tracked by HIMIPref™ and assigned to the DeemedRetractible index.

Vital statistics are:

GWO.PR.Q Deemed-Retractible YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2022-01-31
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 5.18 %

This entry was posted on Friday, July 6th, 2012 at 10:28 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.

4 Responses to “GWO.PR.Q Firm on Good Volume”

  1. July 6, 2012 « PrefBlog says:
    July 6, 2012 at 10:37 pm

    […] PrefBlog Canadian Preferred Shares – Data and Discussion « GWO.PR.Q Firm on Good Volume […]

  2. July 9, 2012 « PrefBlog says:
    July 9, 2012 at 11:51 pm

    […] Recent new issue. YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.04 Bid-YTW : 5.17 % […]

  3. July 11, 2012 « PrefBlog says:
    July 12, 2012 at 12:13 am

    […] Recent new issue. YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.13 Bid-YTW : 5.12 % […]

  4. July 12, 2012 « PrefBlog says:
    July 12, 2012 at 10:30 pm

    […] Recent new issue. YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.14 Bid-YTW : 5.12 % […]

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