{"id":29334,"date":"2015-06-05T22:46:22","date_gmt":"2015-06-06T03:46:22","guid":{"rendered":"http:\/\/prefblog.com\/?p=29334"},"modified":"2015-06-05T22:46:22","modified_gmt":"2015-06-06T03:46:22","slug":"ry-pr-n-soft-on-middling-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=29334","title":{"rendered":"RY.PR.N Soft On Middling Volume"},"content":{"rendered":"<p>Royal Bank of Canada <a href=\"http:\/\/www.rbc.com\/newsroom\/news\/2015\/20150605-nvcc-prefshares.html\">has announced<\/a>:<\/p>\n<blockquote><p> it has closed its domestic public offering of Non-Cumulative, Preferred Shares Series BH. Royal Bank of Canada issued 6 million Preferred Shares Series BH at a price of $25 per share to raise gross proceeds of $150 million.<\/p>\n<p>The offering was underwritten by a syndicate led by RBC Capital Markets. The Preferred Shares Series BH will commence trading on the Toronto Stock Exchange today under the ticker symbol RY.PR.N.<\/p>\n<p>The Preferred Shares Series BH were issued under a prospectus supplement dated May 29, 2015 to the bank\u2019s short form base shelf prospectus dated December 20, 2013.<\/p><\/blockquote>\n<p>RY.PR.N is a 4.90% Straight Perpetual <a href=\"http:\/\/prefblog.com\/?p=29216\">announced May 28<\/a>. It will be tracked by HIMIPref&trade; an is assigned to the PerpetualDiscounts subindex.<\/p>\n<p>The issue traded 659,315 shares today (consolidated exchanges) in a wide range of 24.57-90 before closing at 24.75-85. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>RY.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2045-06-05<br \/>\nMaturity Price  : 24.37<br \/>\nEvaluated at bid price : 24.75<br \/>\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Royal Bank of Canada has announced: it has closed its domestic public offering of Non-Cumulative, Preferred Shares Series BH. Royal Bank of Canada issued 6 million Preferred Shares Series BH at a price of $25 &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-29334","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/29334","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=29334"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/29334\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}