{"id":1765,"date":"2008-01-31T21:33:32","date_gmt":"2008-02-01T01:33:32","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1765"},"modified":"2008-01-31T21:33:32","modified_gmt":"2008-02-01T01:33:32","slug":"bnspro-starts-off-well","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1765","title":{"rendered":"BNS.PR.O Starts Off Well"},"content":{"rendered":"<p>BNS.PR.O, which <a href=\"http:\/\/www.prefblog.com\/?p=1698\">caused a sharp downdraft when it was announced<\/a> got off to a solid start today, trading 550,670 shares to close at 25.02-08, 48&#215;20.<\/p>\n<p>Not only that, but <a href=\"http:\/\/micro.newswire.ca\/release.cgi?rkey=1601316048&#038;view=85223-0&#038;Start=0\">the greenshoe was fully exercised<\/a>:<\/p>\n<blockquote>\n<p>Scotiabank today announced that it completed the domestic offering of 9.2 million, 5.60% Non-cumulative Preferred Shares Series 17 (the &#8220;Preferred Shares Series 17&#8221;), including the full exercise of the over-allotment option, at a price of $25.00 per share. The gross proceeds of the offering were $230 million.<br \/>\n\u00a0\u00a0\u00a0 The offering was made through a syndicate of investment dealers led by Scotia Capital Inc. Following the successful sale of the initially announced 8 million Preferred Shares Series 17, the syndicate fully exercised the over-allotment option to purchase an additional 1.2 million shares. The Preferred Shares Series 17 commence trading on the Toronto Stock Exchange today under the symbol BNS.PR.O.<\/p>\n<\/blockquote>\n<p>More Later.<\/p>\n<p><b>Later, More<\/b>: Curve Price at the close 2008-1-31 was 25.26\n<\/p>\n<p><!--1ba3abe423f5f102bce3c286f6ce3a24--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNS.PR.O, which caused a sharp downdraft when it was announced got off to a solid start today, trading 550,670 shares to close at 25.02-08, 48&#215;20. Not only that, but the greenshoe was fully exercised: Scotiabank &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-1765","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1765","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=1765"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1765\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}