{"id":33417,"date":"2016-07-28T20:00:58","date_gmt":"2016-07-29T01:00:58","guid":{"rendered":"http:\/\/prefblog.com\/?p=33417"},"modified":"2016-07-28T20:00:58","modified_gmt":"2016-07-29T01:00:58","slug":"fts-pr-e-to-be-redeemed","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33417","title":{"rendered":"FTS.PR.E To Be Redeemed"},"content":{"rendered":"<p>Fortis Inc. <a href=\"https:\/\/www.fortisinc.com\/news-and-media\/news-releases\/news-release?id=2082034\">has announced<\/a>:<\/p>\n<blockquote><p>Fortis will redeem all of the issued and outstanding First Preference Shares, Series &#8220;E&#8221; of the Corporation in accordance with their terms on or about 1 September 2016. The redemption price will be $25.3063 in cash for each share, being equal to $25.00 plus $0.3063, representing the amount of the accrued and unpaid dividends per share for the period from and including 1 June 2016 to but not including 1 September 2016. A notice of redemption providing additional details will be mailed to the registered holders of First Preference Shares, Series E on or about 29 July 2016.<\/p><\/blockquote>\n<p>FTS.PR.E commenced trading on 2004-7-16 as a 4.9% 12-year Operating Retractible. It is currently redeemable at par and becomes retractible for common shares September 1, 2016 &#8211; but that option has now been superseded by the redemption. FTS.PR.E has been tracked by HIMIPref&trade; since issued and is currently the sole member of the Operating Retractible subindex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fortis Inc. has announced: Fortis will redeem all of the issued and outstanding First Preference Shares, Series &#8220;E&#8221; of the Corporation in accordance with their terms on or about 1 September 2016. The redemption price &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-33417","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33417","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=33417"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33417\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}