When announcing today’s new issue, Artis Real Estate Investment Trust stated:
Artis intends to use the net proceeds from the Financing to redeem its existing U.S. dollar denominated cumulative redeemable preferred trust units, Series C and for general trust purposes.
This intention (not yet a formal commitment!) was repeated in a later announcement.
AX.PR.U is a FixedReset, 5.25%+446, US Pay, ROC, that commenced trading 2012-9-18 after being announced 2012-9-11. It is callable at par on March 31. The issue has not been tracked by HIMIPref™ as it is US-Pay.
This entry was posted on Tuesday, January 23rd, 2018 at 12:37 am and is filed under Issue Comments, Return of Capital, US Pay. You can follow any responses to this entry through the RSS 2.0 feed.
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AX.PR.U : Probable Call 2018-3-31
When announcing today’s new issue, Artis Real Estate Investment Trust stated:
This intention (not yet a formal commitment!) was repeated in a later announcement.
AX.PR.U is a FixedReset, 5.25%+446, US Pay, ROC, that commenced trading 2012-9-18 after being announced 2012-9-11. It is callable at par on March 31. The issue has not been tracked by HIMIPref™ as it is US-Pay.
This entry was posted on Tuesday, January 23rd, 2018 at 12:37 am and is filed under Issue Comments, Return of Capital, US Pay. 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.