Search Results for: conversion

Issue Comments

TD.PF.E To Reset At 3.242%

The Toronto-Dominion Bank has announced (on October 1): the applicable dividend rates for its Non-Cumulative 5-Year Rate Reset Preferred Shares, Series 9 (Non-Viability Contingent Capital (NVCC)) (the “Series 9 Shares”) and Non-Cumulative Floating Rate Preferred …

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Issue Comments

TD.PF.E To Be Extended

The Toronto-Dominion Bank has announced (on September 17): that it does not intend to exercise its right to redeem all or any part of the currently outstanding 8 million Non-Cumulative 5-Year Rate Reset Preferred Shares, …

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Market Action

September 2, 2020

National Bank of Canada is issuing LRCNs: it has entered into an agreement with a group of agents led by National Bank Financial Inc. for the issuance of $500 million of Limited Recourse Capital Notes, …

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