Weston has announced:
that it will redeem for cash, on April 1, 2009 (the “Redemption Date”), all of its outstanding Preferred Shares, Series II for a redemption price of $25.00 per share, together with an amount equal to all dividends, if any, accrued thereon and unpaid up to but not including the Redemption Date.
WN.PR.B is a 5.15% ($1.2875) retractible; April 1 is the first call date; it would have been retractible for shares on July 1.
WN.PR.B was last mentioned on PrefBlog when it was placed on Review-Developing by DBRS and Review-Negative by S&P. The issue has been tracked by HIMIPref™; it was moved from the OpRet subIndex to Scraps in May 2007 due to credit concerns.
This entry was posted on Thursday, February 19th, 2009 at 11:02 am and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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WN.PR.B to be Redeemed
Weston has announced:
WN.PR.B is a 5.15% ($1.2875) retractible; April 1 is the first call date; it would have been retractible for shares on July 1.
WN.PR.B was last mentioned on PrefBlog when it was placed on Review-Developing by DBRS and Review-Negative by S&P. The issue has been tracked by HIMIPref™; it was moved from the OpRet subIndex to Scraps in May 2007 due to credit concerns.
This entry was posted on Thursday, February 19th, 2009 at 11:02 am 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.