Search Results for: conversion

Issue Comments

CM.PR.O To Be Extended

Canadian Imperial Bank of Commerce has announced (on June 12): that it does not intend to exercise its right to redeem all or any part of its currently outstanding 16,000,000 Non-cumulative Rate Reset Class A …

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Issue Comments

EFN.PR.C To Reset at 6.210%

Element Fleet Management Corp. has announced (although not yet on their website): the applicable dividend rates for its Cumulative 5-Year Rate Reset Preferred Shares, Series C (the “Series C shares”) and Cumulative Floating Rate Preferred …

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Issue Comments

LB.PR.H : Convert or Hold?

It will be recalled that LB.PR.H will reset At 4.123% effective June 15, 2019. LB.PR.H is a NVCC-compliant FixedReset, 4.30%+255, that commenced trading 2014-4-3 after being announced 2014-3-25. The extension was announced 2019-5-7. This issue …

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Issue Comments

LB.PR.H To Reset At 4.123%

Laurentian Bank of Canada has announced: the applicable dividend rates for its Non-Cumulative Class A Preferred Shares, Series 13 (the “Preferred Shares Series 13”) and Non-Cumulative Class A Preferred Shares, Series 14 (the “Preferred Shares …

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Issue Comments

MFC.PR.L To Be Extended

Manulife Financial Corporation has announced: that it does not intend to exercise its right to redeem all or any of its currently outstanding 8,000,000 Non-cumulative Rate Reset Class 1 Shares Series 15 (the “Series 15 …

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Issue Comments

LB.PR.H To Be Extended

Laurentian Bank of Canada has announced: that it does not intend to exercise its right to redeem all or any of its currently outstanding Non-Cumulative Class A Preferred Shares, Series 13 (the “Preferred Shares Series …

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