{"id":21867,"date":"2013-05-02T00:35:07","date_gmt":"2013-05-02T04:35:07","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=21867"},"modified":"2013-05-02T00:35:07","modified_gmt":"2013-05-02T04:35:07","slug":"brf-pr-f-firm-on-good-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=21867","title":{"rendered":"BRF.PR.F Firm On Good Volume"},"content":{"rendered":"<p>Brookfield Renewable Energy Partners <a href=\"http:\/\/brookfieldrenewable.com\/content\/2013\/brookfield_renewable_completes_cnd_175_million_pr-37121.html\">has announced<\/a>:<\/p>\n<blockquote><p>the completion of its previously announced 5% perpetual Class A Preferred Shares, Series 6 (\u201cPreferred Shares\u201d) bought deal 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 Scotiabank, CIBC, RBC Capital Markets and TD Securities Inc.<\/p>\n<p> The Series 6 Preferred Shares will commence trading on the Toronto Stock Exchange this morning under the ticker symbol BRF.PR.F.<\/p><\/blockquote>\n<p>BRF.PR.F is a Straight Perpetual, 5.00% <a href=\"http:\/\/www.prefblog.com\/?p=21793\">announced April 23<\/a>. The fact that 7-million shares were issued means that the greenshoe option was exercised in full. The issue will be tracked by HIMIPref&trade; but relegated to the Scraps index on credit concerns.<\/p>\n<p>The issue traded 289,520 shares today in a range of 24.85-94 before closing at 24.94-95, 10&#215;151. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>BRF.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>289,520<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2043-05-01<br \/>\nMaturity Price  : 24.55<br \/>\nEvaluated at bid price : 24.94<br \/>\nBid-YTW : 5.02 %<\/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 6 (\u201cPreferred Shares\u201d) bought deal issue in the amount of CDN$175,000,000. Brookfield Renewable issued, through a &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-21867","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/21867","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=21867"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/21867\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}