{"id":1766,"date":"2008-01-31T21:38:09","date_gmt":"2008-02-01T01:38:09","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1766"},"modified":"2008-01-31T21:38:09","modified_gmt":"2008-02-01T01:38:09","slug":"tdprq-enters-market-with-assurance","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1766","title":{"rendered":"TD.PR.Q Enters Market With Assurance"},"content":{"rendered":"<p>TD.PR.Q, which was <a href=\"http:\/\/www.prefblog.com\/?p=1723\">announced shortly after BNS.PR.O was announced<\/a>, commenced trading today and fears of a debacle were not realized. It traded 433,512 shares to close at 25.11-14, 6&#215;19.<\/p>\n<p>The <a href=\"http:\/\/micro.newswire.ca\/release.cgi?rkey=1601254090&#038;view=62342-0&#038;Start=0\">greenshoe was fully exercised<\/a>:<\/p>\n<blockquote>\n<p>The Toronto-Dominion Bank (&#8220;TD&#8221;) today announced that a group of underwriters led by TD Securities Inc. has exercised the option to purchase an additional 2 million Non-cumulative Class A First<br \/>\nPreferred Shares, Series Q (the &#8220;Series Q Shares&#8221;) carrying a face value of $25.00 per share. This brings the total issue announced on January 22, 2008, and expected to close January 31, 2008, to 8 million shares and gross proceeds raised under the offering to $200 million.<br \/>\n\u00a0\u00a0\u00a0 The Series Q Shares will yield 5.60% per cent annually and are redeemable by TD for cash, subject to regulatory consent, at a declining premium after approximately five years. TD has filed in Canada a prospectus supplement to its January 11, 2007 base shelf prospectus in respect of this issue.<\/p>\n<\/blockquote>\n<p>More Later.<\/p>\n<p><b>Later, More<\/b>: Curve price at the close 2008-1-31 was 25.23.<\/p>\n<p>\n<p><!--2597e5bad7b7907543237b44af94cc22-->\n<\/p>\n<p><!--4e80ad7abbd45f319a916177030d8574--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TD.PR.Q, which was announced shortly after BNS.PR.O was announced, commenced trading today and fears of a debacle were not realized. It traded 433,512 shares to close at 25.11-14, 6&#215;19. The greenshoe was fully exercised: The &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-1766","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1766","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=1766"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1766\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}