Search Results for: conversion

Issue Comments

RY.PR.Z : Convert or Hold?

It will be recalled that RY.PR.Z will reset At 3.700% effective May 24, 2019. RY.PR.Z is a NVCC-compliant FixedReset, 4.00%+221, that commenced trading 2014-1-30 after being announced 2014-1-21. The extension was announced 2019-4-12. This issue …

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Issue Comments

BMO.PR.S To Reset At 3.852%

Bank of Montreal has announced: the applicable dividend rates for its Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 27 (the “Preferred Shares Series 27”) and Non-Cumulative Floating Rate Class B Preferred Shares, Series …

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Issue Comments

RY.PR.Z To Reset At 3.70%

Royal Bank of Canada has announced: the applicable dividend rates for its Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series AZ (the “Series AZ shares”) and NVCC Non-Cumulative Floating Rate First …

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Issue Comments

RY.PR.Z To Be Extended

Royal Bank of Canada has announced (on April 12): that it does not intend to exercise its right to redeem all or any part of the currently outstanding Non-Viability Contingent Capital (NVCC) Non-Cumulative 5-Year Rate …

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Issue Comments

NA.PR.S To Reset At 4.025%

National Bank of Canada has announced: the dividend rates applicable to the Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series 30 (the “Series 30 Preferred Shares”) and the Non-Cumulative Floating Rate First Preferred Shares, Series …

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