{"id":16869,"date":"2011-11-02T12:45:49","date_gmt":"2011-11-02T16:45:49","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=16869"},"modified":"2011-11-02T12:45:49","modified_gmt":"2011-11-02T16:45:49","slug":"tds-pr-c-partial-call-for-redemption","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=16869","title":{"rendered":"TDS.PR.C: Partial Call For Redemption"},"content":{"rendered":"<p>TD Split Inc. <a href=\"http:\/\/www.tdsecurities.com\/tds\/pdfs\/TD%20press_2011_Nov%201_EN.pdf?language=en_CA\">has announced<\/a>:<\/p>\n<blockquote><p>that it has called 940,400 Class C Preferred Shares for cash redemption on November 15, 2011, representing approximately 31.25 % of the outstanding Class C Preferred Shares as a result of holders of 940,400 Class C Capital Shares exercising their special annual retraction rights. The Class C Preferred Shares shall be redeemed on a pro rata basis, so that holders of record of Class C Preferred Shares on the close of business on November 14, 2011 will have approximately 31.25 % of their Class C Preferred Shares redeemed. The redemption price for the Class C Preferred Shares will be $10.00 per share. Holders of Class C Preferred Shares that have been called for redemption will only be entitled to receive dividends thereon which have been declared but remain unpaid up to and including November 15, 2011.<\/p>\n<p>In addition, holders of a further 111,100 Class C Preferred and Class C Capital Shares have deposited such shares concurrently for retraction on November 15, 2011. As a result, a total of 1,051,500 Class C Preferred and Class C Capital Shares, or approximately 33.70 % of both classes of shares currently outstanding will be redeemed.<\/p>\n<p>Payments of cash owing as a result of shareholders having exercised their retraction privilege and the above notice of call on the Class C Preferred Shares, will be made by the Company on November 15, 2011.<\/p><\/blockquote>\n<p>TDS.PR.C was last mentioned on PrefBlog <a href=\"http:\/\/www.prefblog.com\/?p=12984\">when it was issued in November 2010<\/a>. TDS.PR.C is tracked by HIMIPref&trade; but is relegated to the Scraps index on credit concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TD Split Inc. has announced: that it has called 940,400 Class C Preferred Shares for cash redemption on November 15, 2011, representing approximately 31.25 % of the outstanding Class C Preferred Shares as a result &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-16869","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/16869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16869"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/16869\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}