{"id":18751,"date":"2012-05-30T09:53:42","date_gmt":"2012-05-30T13:53:42","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=18751"},"modified":"2012-05-30T09:53:42","modified_gmt":"2012-05-30T13:53:42","slug":"cu-pr-b-to-be-redeemed","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=18751","title":{"rendered":"CU.PR.B To Be Redeemed"},"content":{"rendered":"<p> Canadian Utilities Limited <a href=\"http:\/\/www.canadian-utilities.com\/News%20Item?article=http:\/\/cnrp.marketwire.com\/client\/canadian_utilities_limited\/release_xml.jsp?actionFor=1620809\">has announced<\/a>:<\/p>\n<blockquote><p>that it will redeem on June 30, 2012 all of its outstanding Cumulative Redeemable Second Preferred Shares Series X at a price of $25.00 per share plus accrued and unpaid dividends per share. The $150 million aggregate cost of redemption will be funded from the net proceeds of the Series AA Preferred Share offering and cash.<\/p><\/blockquote>\n<p>CU.PR.B was <a href=\"http:\/\/www.prefblog.com\/?p=6871\">last mentioned on PrefBlog<\/a> when it was the first Straight Perpetual to crawl back into premium territory after a long period below par during the Credit Crunch.<\/p>\n<p>CU.PR.B has been tracked by HIMIPref&trade; and is a member of the PerpetualPremium subindex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian Utilities Limited has announced: that it will redeem on June 30, 2012 all of its outstanding Cumulative Redeemable Second Preferred Shares Series X at a price of $25.00 per share plus accrued and unpaid &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-18751","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/18751","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=18751"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/18751\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}