{"id":3001,"date":"2008-09-15T17:54:12","date_gmt":"2008-09-15T21:54:12","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=3001"},"modified":"2008-09-15T17:54:12","modified_gmt":"2008-09-15T21:54:12","slug":"rpqpra-rpbpra-rpapra-prfpra-hit-by-lehman-bankruptcy","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=3001","title":{"rendered":"RPQ.PR.A \/ RPB.PR.A \/ RPA.PR.A \/ PRF.PR.A Hit by Lehman Bankruptcy"},"content":{"rendered":"<p>There was a host of temporary trading halts and related announcements from CC&#038;L Group today regarding their structured-note-derivative-preferreds.<\/p>\n<p>Lehman&#8217;s bankruptcy announcement constitutes a credit event and brings them all a little bit closer to the brink &#8230; I will leave my Assiduous Readers to judge whether they are dangerously close to the brink or not, I&#8217;m not taking a view.<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"4\">Credit Event Countdown<\/td>\n<\/tr>\n<tr>\n<td>Ticker<br \/>(links to<br \/>Press<br \/>Release)<\/td>\n<td>Positions<\/td>\n<td>Credit<br \/>Events<br \/>Remaining<\/td>\n<td>Maturity<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.cclgroup.com\/portals\/3\/newsitems\/CCLROC\/CCLROCAnnouncement_Sep152008.pdf\">RPQ.PR.A<\/a><\/td>\n<td>125<\/td>\n<td>5.4<\/td>\n<td>2011-6-30<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.cclgroup.com\/portals\/3\/newsitems\/rocIII\/ROCIIIAnnouncement_Sep152008.pdf\">RPB.PR.A<\/a><\/td>\n<td>127<\/td>\n<td>4.3<\/td>\n<td>2012-3-23<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.cclgroup.com\/portals\/3\/newsitems\/rocII\/ROCIIAnnouncement_Sep152008.pdf\">RPA.PR.A<\/a><\/td>\n<td>142<\/td>\n<td>6.5<\/td>\n<td>2009-12-31<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.cclgroup.com\/portals\/3\/newsitems\/roc\/ROCAnnouncement_Sep152008.pdf\">PRF.PR.A<\/a><\/td>\n<td>141<\/td>\n<td>9.5<\/td>\n<td>2009-06-30<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<blockquote><p>Connor, Clark &#038; Lunn will host a conference call to discuss the implications of recent events on Tuesday September 16, 2008 at 9:00 AM EST. The conference call number is (416) 644-3415 or 1 (800) 733-7571 and the replay number is (416) 640-1917 or 1 (877) 289-8525. The pass code is 21283536#.<\/p><\/blockquote>\n<p>The previous post on these issues was <a href=\"http:\/\/www.prefblog.com\/?p=2915\">RPA.PR.A \/ RPB.PR.A \/ RPQ.PR.A Hit by FannieFreddieFiasco<\/a>. There is no prior PrefBlog post for PRF.PR.A.<\/p>\n<p>None of these issues is tracked by HIMIPref&trade;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There was a host of temporary trading halts and related announcements from CC&#038;L Group today regarding their structured-note-derivative-preferreds. Lehman&#8217;s bankruptcy announcement constitutes a credit event and brings them all a little bit closer to the &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-3001","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/3001","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=3001"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/3001\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}