BNA.PR.A to be Redeemed

BAM Split Corp – which today settled its new BNA.PR.D issue – has announced:

the Company has delivered a notice of early redemption to CDS Clearing and Depository Services Inc. (“CDS”) to inform them that the Company will redeem all of the outstanding Class A Preferred Shares, other than the Class A Preferred Shares owned by BAM Investments Corp. (“BAM Investments”), on July 27, 2009, at an early redemption price of $25.25 per share plus accrued and unpaid dividends.

BNA.PR.A is tracked by HIMIPref™. It is currently a member of the SplitShare subindex.

This entry was posted on Thursday, July 9th, 2009 at 8:04 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.

One Response to “BNA.PR.A to be Redeemed”

  1. PrefBlog » Blog Archive » July 24, 2009 says:
    July 24, 2009 at 8:27 pm

    […] Called for redemption (which means the YTW Scenario shown below does not apply!). YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2010-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 6.65 % […]

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