{"id":24772,"date":"2014-03-25T18:41:57","date_gmt":"2014-03-25T23:41:57","guid":{"rendered":"http:\/\/prefblog.com\/?p=24772"},"modified":"2014-03-25T18:41:57","modified_gmt":"2014-03-25T23:41:57","slug":"lb-pr-e-to-be-redeemed","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=24772","title":{"rendered":"LB.PR.E To Be Redeemed"},"content":{"rendered":"<p>Laurentian Bank of Canada <a href=\"http:\/\/laurentianbank.mediaroom.com\/index.php?s=2429&#038;item=123322\">has announced<\/a> (as part of their <a href=\"http:\/\/prefblog.com\/?p=24770\">previously reported new issue announcement<\/a>):<\/p>\n<blockquote><p>that it intends to redeem, on June 16, 2014, all of its 4,400,000 issued and outstanding Non-Cumulative Class A Preferred Shares, Series 10  (the \u201cPreferred Shares Series 10\u201d), at a price of $25.00 per share for an aggregate consideration of $110 million.<\/p><\/blockquote>\n<p>LB.PR.E is a Straight Perpetual with a 5.25% coupon that <a href=\"http:\/\/laurentianbank.mediaroom.com\/index.php?s=2429&#038;item=123186\">commenced trading 2004-4-15<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Laurentian Bank of Canada has announced (as part of their previously reported new issue announcement): that it intends to redeem, on June 16, 2014, all of its 4,400,000 issued and outstanding Non-Cumulative Class A Preferred &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-24772","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/24772","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=24772"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/24772\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}