{"id":25113,"date":"2014-04-30T17:23:53","date_gmt":"2014-04-30T22:23:53","guid":{"rendered":"http:\/\/prefblog.com\/?p=25113"},"modified":"2014-04-30T17:23:53","modified_gmt":"2014-04-30T22:23:53","slug":"ciu-pr-b-to-be-redeemed","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=25113","title":{"rendered":"CIU.PR.B To Be Redeemed"},"content":{"rendered":"<p>Canadian Utilities <a href=\"http:\/\/canadianutilities.mwnewsroom.com\/Files\/c4\/c453efe7-bb7a-46f1-8197-b1b3150ccb00.pdf\">has announced<\/a>:<\/p>\n<blockquote><p>CU Inc. announced today that it will redeem on June 1, 2014 all of its outstanding Cumulative Redeemable Preferred Shares Series 2 at a price of $25.00 per share. The $160 million aggregate cost of redemption will be funded from cash.<\/p><\/blockquote>\n<p>CIU.PR.B is a FixedReset, 6.70%+481, which <a href=\"http:\/\/prefblog.com\/?p=6037\">commenced trading March 27, 2009<\/a> after being <a href=\"http:\/\/www.prefblog.com\/?p=5822\">announced March 10, 2009<\/a>. With such a whacking great Issue Reset Spread, the call for redemption comes as no surprise.<\/p>\n<p>CIU.PR.B has been tracked by HIMIPref&trade; since issuance and is assigned to the FixedReset subindex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian Utilities has announced: CU Inc. announced today that it will redeem on June 1, 2014 all of its outstanding Cumulative Redeemable Preferred Shares Series 2 at a price of $25.00 per share. The $160 &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-25113","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/25113","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=25113"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/25113\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}