{"id":1860,"date":"2008-02-29T19:08:43","date_gmt":"2008-02-29T23:08:43","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1860"},"modified":"2008-02-29T19:08:43","modified_gmt":"2008-02-29T23:08:43","slug":"cgqe-stre-stqe-ratings-discontinued","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1860","title":{"rendered":"CGQ.E &amp; STR.E &amp; STQ.E Ratings Discontinued"},"content":{"rendered":"<p><a href=\"http:\/\/www.dbrs.com\">DBRS<\/a> has announced that it:<\/p>\n<blockquote><p>today discontinued its ratings on the following preferred shares at the request of Quadravest Capital Management Inc. (the Promoter).<\/p><\/blockquote>\n<p>&#8230; followed by a list of the three captioned issues. These are all split-share corporations of that horrible form that includes a forward contract and a managed portfolio, like <a href=\"http:\/\/www.prefblog.com\/?p=1700\">High Income Preferred Shares Corporation<\/a>. I&#8217;m not going to look at the financials to see what I think of them; I&#8217;ll just report the NAV of the Managed Portfolio as <a href=\"http:\/\/www.quadravest.com\/valuations.htm\">reported by Quadravest<\/a> and assume (assume! I can&#8217;t even be bothered to check my files!) that this is supposed to cover redemption of the indicated shares.<\/p>\n<p>CGQ.E was downgraded to Pfd-5 on 2006-10-25. Par Value $15.00, Managed Portfolio NAV $12.44.<\/p>\n<p>STQ.E was <a href=\"http:\/\/www.prefblog.com\/?p=1659\">downgraded to Pfd-5<\/a> on 2008-1-7. Par Value $15.00, Managed Portfolio NAV $13.38.<\/p>\n<p>STR.E was downgraded to Pfd-5(low) on 2005-10-25. Par Value $25.00, Managed Portfolio NAV $18.98.<br \/>\n\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DBRS has announced that it: today discontinued its ratings on the following preferred shares at the request of Quadravest Capital Management Inc. (the Promoter). &#8230; followed by a list of the three captioned issues. These &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-1860","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1860","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=1860"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1860\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}