BEP.PR.S closed today with no announcement from the company.
BEP.PR.S is a FixedReset 5.75%+265M575, announced June 2. It is a Return-of-Capital issue – so no dividend tax credit here, think of it as a bond! Also, I personally would only keep these in a registered account because keeping track of the Adjusted Cost Base after accounting for the ROC would be a pain.
The issue traded 695,200 shares today (972,600 consolidated) in a range of 25.12-55 before closing at 25.48-59.
| BEP.PR.S | FixedReset Disc | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.48 Bid-YTW : 5.36 % |