{"id":22092,"date":"2013-05-30T21:22:18","date_gmt":"2013-05-31T01:22:18","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=22092"},"modified":"2013-05-30T21:22:18","modified_gmt":"2013-05-31T01:22:18","slug":"cgi-pr-d-closes-at-solid-premium-on-excellent-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=22092","title":{"rendered":"CGI.PR.D Closes at Solid Premium on Excellent Volume"},"content":{"rendered":"<p> Morgan Meighen &#038; Associates <a href=\"http:\/\/www.mmainvestments.com\/index.cfm?Section=Main&#038;Page=Home_Single_News&#038;NewsID=842\">has announced<\/a>:<\/p>\n<blockquote><p> that it has completed its public offering of $75,000,000 (3,000,000 shares), 3.75% Cumulative Redeemable Class A Preference Shares, Series 4 (TSX symbol: CGI.PR.D).<\/p>\n<p>The net proceeds of this offering will be used, together with available cash, to repay a short-term loan used to fund the previously announced redemption of its $75,000,000, 4.65% Cumulative Redeemable Class A Preference Shares, Series 2 (TSX symbol: CGI.PR.B), which was completed on May 29, 2013 for an aggregate amount of $75,716,610 (including accrued and unpaid dividends from March 15, 2013 to May 28, 2013). This redemption was in accordance with the terms of the governing short form prospectus.<\/p><\/blockquote>\n<p>CGI.PR.D is a SplitShare, 10-Year Retractible, 3.75%, <a href=\"http:\/\/www.prefblog.com\/?p=21836\">announced April 29<\/a>. The issue will be tracked by HIMIPref&trade; and is assigned to the SplitShares subindex.<\/p>\n<p>CGI.PR.D traded 435,750 shares today in a range of 25.20-30 before closing at 25.25-35, 76&#215;30. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>CGI.PR.D<\/td>\n<td>SplitShare<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Soft Maturity<br \/>\nMaturity Date\t: 2023-06-14<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.25<br \/>\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Meighen &#038; Associates has announced: that it has completed its public offering of $75,000,000 (3,000,000 shares), 3.75% Cumulative Redeemable Class A Preference Shares, Series 4 (TSX symbol: CGI.PR.D). The net proceeds of this offering &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-22092","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/22092","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=22092"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/22092\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}