It will be recalled that SLF.PR.I will reset to 3.806% effective December 31; the extension was announced 2016-11-14. Holders of SLF.PR.I have the option to convert to FloatingResets, which will pay 3-month bills plus 273bp …
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BCE.PR.K To Reset At 2.954%
BCE Inc. has released its Notice of Conversion Privilege for BCE.PR.K: 1. Holders of BCE Inc. fixed-rate Series AK Preferred Shares have the right to convert all or part of their shares, effective on December …
SLF.PR.I To Reset At 3.806%
Sun Life Financial Inc. has announced (although not yet on their website because they’re morons): the dividend rates for its Class A Non-Cumulative Rate Reset Preferred Shares Series 12R (the “Series 12R Shares”) and Class …
MFC.PR.G: Convert or Hold?
It will be recalled that MFC.PR.G will reset to 3.891% effective December 19. Holders of MFC.PR.G have the option to convert to FloatingResets, which will pay 3-month bills plus 290bp on the par value of …
SLF.PR.I To Be Extended
On November 14, Sun Life Financial Inc. announced: that it does not intend to exercise its right to redeem its outstanding Class A Non-Cumulative Rate Reset Preferred Shares Series 12R (the “Series 12R Shares”) on …
MFC.PR.R Soft On Decent Volume
Manulife Financial Corporation has announced: that it has completed its offering of 19 million Non-cumulative Rate Reset Class 1 Shares Series 23 (the “Series 23 Preferred Shares”) at a price of $25 per share to …
MFC.PR.G To Reset At 3.891%
Manulife Financial Corporation has announced: the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 5 (the “Series 5 Preferred Shares”) (TSX: MFC.PR.G) and Non-cumulative Floating Rate Class 1 Shares Series 6 …
MFC.PR.G 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 5 (the “Series 5 …
BAM.PR.E / BAM.PR.G: 10% Net Exchange To "E" Leaves 69% "G"
Brookfield Asset Management Inc. has announced: the results of the exercise of the conversion privilege for its Class A Preference Shares, Series 8 (the “Series 8 Preferred Shares”) (TSX: BAM.PR.E) and its Class A Preference …
BCE.PR.T To Reset To 3.019%: Convert to BCE.PR.S Or Hold?
BCE Inc. has announced that it: will, on November 1, 2016, continue to have Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) outstanding if, following the end of the conversion period on …