{"id":20409,"date":"2012-11-27T21:25:38","date_gmt":"2012-11-28T01:25:38","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=20409"},"modified":"2012-11-27T21:25:38","modified_gmt":"2012-11-28T01:25:38","slug":"bam-pf-c-falls-on-good-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=20409","title":{"rendered":"BAM.PF.C Falls on Good Volume"},"content":{"rendered":"<p>Brookfield Asset Management <a href=\"http:\/\/brookfield.com\/content\/2012_press_releases\/brookfield_completes_cdn200_million_preferred_sha-36171.html\">has announced<\/a>:<\/p>\n<blockquote><p>the completion of its previously announced 4.85% perpetual Class A Preference Shares, Series 36 (\u201cPreferred Shares\u201d) issue in the amount of CDN$200,000,000. Brookfield issued 8,000,000 Preferred Shares at a price of CDN$25.00 per share, for total gross proceeds of CDN$200,000,000. The Preferred Shares will commence trading on the Toronto Stock Exchange this morning under the ticker symbol BAM.PF.C.<\/p><\/blockquote>\n<p>BAM.PF.C is a Straight Perpetual, 4.85%, <a href=\"http:\/\/www.prefblog.com\/?p=20335\">announced November 20<\/a>. The issue size of $200-million indicates that the greenshoe option was exercised in full.<\/p>\n<p>The issue traded 384,725 shares today in a range of 24.64-95 before closing at 24.70-73, 7&#215;40.<\/p>\n<p>BAM.PF.C will be tracked by HIMIPref&trade; and initially assigned to the PerpetualDiscount index. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>BAM.PF.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2042-11-27<br \/>\nMaturity Price  : 24.32<br \/>\nEvaluated at bid price : 24.70<br \/>\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brookfield Asset Management has announced: the completion of its previously announced 4.85% perpetual Class A Preference Shares, Series 36 (\u201cPreferred Shares\u201d) issue in the amount of CDN$200,000,000. Brookfield issued 8,000,000 Preferred Shares at a price &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-20409","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/20409","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=20409"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/20409\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}