Standard & Poor’s has announced:
- • The Series E First Preferred Shares of Great-West Lifeco Inc. (TSX:GWO.PR.X) have been called for redemption on Thursday, December 31, 2009, at $26.00 per share. The shares will be removed from the S&P/TSX Preferred Share Index after the close of Wednesday, December 30, 2009.
- •The 5.75% First Preferred Shares, Series A, of IGM Financial Inc. (TSX:IGM.PR.A) have been called for redemption on Thursday, December 31, 2009, at $26.00 per share. The shares will be removed from the S&P/TSX Preferred Share Index after the close of Wednesday, December 30, 2009.
The GWO.PR.X redemption and the IGM.PR.A redemption have been reported on PrefBlog.
[…] 2010-1-11: It should be noted that the summary tables do not reflect the year-end deletion of the issues that were redeemed, GWO.PR.X (Pfd-1(low), OpRet) and IGM.PR.A (Pfd-2(high), Opret). Thus, the credit quality decline […]