Brookfield Asset Management Inc. has announced:
that it intends to redeem all of its outstanding Class A Preferred Shares, Series 22 (TSX:BAM.PR.P) for cash on September 30, 2014. The redemption price for each Preferred Share, Series 22 will be C$25.00. Holders of Preferred Shares, Series 22 will separately receive all accrued and unpaid dividends outstanding on the redemption date.
No surprises here, since BAM.PR.P is a FixedReset, 7.00%+445, which commenced trading 2009-6-4 after having been announced May 27.
This entry was posted on Tuesday, May 27th, 2014 at 5:12 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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BAM.PR.P To Be Redeemed
Brookfield Asset Management Inc. has announced:
No surprises here, since BAM.PR.P is a FixedReset, 7.00%+445, which commenced trading 2009-6-4 after having been announced May 27.
This entry was posted on Tuesday, May 27th, 2014 at 5:12 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.