EPP.PR.B Achieves Premium on Reasonable Volume

EPP.PR.B, the FixedReset 7.00%+418 announced mid-October has closed successfully.

It traded 291,267 shares in a range of 25.12-80 (!) before closing at 25.65-92, 17×10 on the Toronto Stock Exchange. There was no trading on either Pure or Alpha.

Vital statistics are:

Maturity Type : Call
Maturity Date : 2015-01-30
Maturity Price : 25.00
Evaluated at bid price : 25.65
Bid-YTW : 6.45 %

EPP.PR.B will be tracked by HIMIPref™, but is assigned to the Scraps subindex on credit concerns.

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