{"id":20988,"date":"2013-01-29T22:43:46","date_gmt":"2013-01-30T02:43:46","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=20988"},"modified":"2013-01-29T22:43:46","modified_gmt":"2013-01-30T02:43:46","slug":"brf-pr-e-firm-on-good-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=20988","title":{"rendered":"BRF.PR.E Firm On Good Volume"},"content":{"rendered":"<p>Brookfield Renewable Energy Partners <a href=\"http:\/\/brookfieldrenewable.com\/content\/2013\/brookfield_renewable_completes_cnd175_million_pre-36564.html\">has announced<\/a>:<\/p>\n<blockquote><p> the completion of its previously announced 5% perpetual Class A Preferred Shares, Series 5 (\u201cPreferred Shares\u201d) issue in the amount of CDN$175,000,000. Brookfield Renewable issued, through a wholly-owned subsidiary, 7,000,000 Preferred Shares at a price of CDN$25.00 per share, for total gross proceeds of CDN$175,000,000.<\/p>\n<p>The offering was underwritten by a syndicate led by RBC Capital Markets, CIBC, Scotiabank, and TD Securities Inc.<\/p>\n<p>The Series 5 Preferred Shares will commence trading on the Toronto Stock Exchange this morning under the ticker symbol BRF.PR.E.<\/p><\/blockquote>\n<p>BRF.PR.E is a Straight Perpetual, 5.00%, <a href=\"http:\/\/www.prefblog.com\/?p=20920\">announced January 21<\/a>. It has been rated <a href=\"http:\/\/www.dbrs.com\/research\/254457\/dbrs-assigns-final-rating-of-pfd-3-high-to-preferred-shares-of-brookfield-renewable-power-preferred-equity-inc.html\">Pfd-3(high) by DBRS<\/a>.<\/p>\n<p>The issue traded 560,718 shares in a range of 24.94-03 before closing at 24.99-01, 25&#215;14. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>BRF.PR.E<\/td>\n<td>Perpetual-Discount<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2043-01-29<br \/>\nMaturity Price  : 24.60<br \/>\nEvaluated at bid price : 24.99<br \/>\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brookfield Renewable Energy Partners has announced: the completion of its previously announced 5% perpetual Class A Preferred Shares, Series 5 (\u201cPreferred Shares\u201d) issue in the amount of CDN$175,000,000. Brookfield Renewable issued, through a wholly-owned subsidiary, &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-20988","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/20988","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=20988"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/20988\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}