{"id":17911,"date":"2012-02-22T22:34:30","date_gmt":"2012-02-23T02:34:30","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=17911"},"modified":"2012-02-22T22:34:30","modified_gmt":"2012-02-23T02:34:30","slug":"mfc-pr-h","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=17911","title":{"rendered":"MFC.PR.H Firm on Good Volume"},"content":{"rendered":"<p>Manulife Financial Corporation <a href=\"http:\/\/www.manulife.com\/public\/news\/detail\/0,,lang=en&#038;artId=146854&#038;navId=630002,00.html\">has announced<\/a>:<\/p>\n<blockquote><p> that it has completed its offering of 10 million Non-cumulative Rate Reset Class 1 Shares Series 7 (the \u201cSeries 7 Preferred Shares\u201d) at a price of $25 per share to raise gross proceeds of $250 million.<\/p>\n<p>The offering was underwritten by a syndicate of investment dealers co-led by Scotia Capital Inc., RBC Capital Markets and TD Securities. The Series 7 Preferred Shares commence trading on the Toronto Stock Exchange today under the ticker symbol MFC.PR.H.<\/p>\n<p>The Series 7 Preferred Shares were issued under a prospectus supplement dated February 14, 2012 to Manulife\u2019s short form base shelf prospectus dated September 3, 2010.<\/p><\/blockquote>\n<p>MFC.PR.H is a FixedReset, 4.60%+313 <a href=\"http:\/\/www.prefblog.com\/?p=17842\">announced February 14<\/a>.<\/p>\n<p>The issue traded 649,139 shares today in a range of 24.90-05 before closing at 25.00-03, 25&#215;141. The issue will be tracked by HIMIPref&trade; and assigned to the FixedReset index. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>MFC.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>Not Calc!<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.00<br \/>\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Manulife Financial Corporation has announced: that it has completed its offering of 10 million Non-cumulative Rate Reset Class 1 Shares Series 7 (the \u201cSeries 7 Preferred Shares\u201d) at a price of $25 per share to &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-17911","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/17911","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=17911"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/17911\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}