Search Results for: conversion

Issue Comments

GWO.PR.N To Reset At 4.090%

Great-West Lifeco Inc. has announced: the dividend rates for its Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series N (“Series N Shares”) and Non-Cumulative Floating Rate First Preferred Shares, Series O (“Series O Shares”). The …

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Market Action

November 26, 2025

PerpetualDiscounts now yield 5.63%, equivalent to 7.32% interest at the standard conversion factor of 1.3x. Long corporates yielded 4.74% on 2025-11-26, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) has widened sharply …

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Issue Comments

GWO.PR.N To Be Extended

Great-West Lifeco Inc. has announced (on 2025-11-13): that it does not intend to exercise its rights to redeem its outstanding Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series N (“Series N Shares”) on December 31, …

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Market Action

November 12, 2025

PerpetualDiscounts now yield 5.49%, equivalent to 7.14% interest at the standard conversion factor of 1.3x. Long corporates yielded 4.72% on 2025-11-12, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) has remained at …

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Issue Comments

RCG.PR.B Redeemed

iA Financial Corporation Inc. and RF Capital Group Inc. have announced (on 2025-10-31): the successful completion of the previously announced acquisition of RF Capital.…The acquisition of RF Capital was completed by a wholly-owned subsidiary of …

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Market Action

October 22, 2025

The TXPR Price Index set a new 52-week high of 683.50 today, beating the old mark of 682.97 set yesterday. PerpetualDiscounts now yield 5.61%, equivalent to 7.29% interest at the standard conversion factor of 1.3x. …

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