{"id":42616,"date":"2021-10-08T20:16:18","date_gmt":"2021-10-09T01:16:18","guid":{"rendered":"http:\/\/prefblog.com\/?p=42616"},"modified":"2021-10-08T20:16:18","modified_gmt":"2021-10-09T01:16:18","slug":"gwo-pr-y","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42616","title":{"rendered":"GWO.PR.Y Flat on Good Volume"},"content":{"rendered":"<p>Great-West Lifeco Inc. <a href=\"https:\/\/www.greatwestlifeco.com\/news-events\/news\/great-west-lifeco-completes-offering-of-preferred-shares-oct-2021.html\">has announced<\/a>:<\/p>\n<blockquote><p>the closing of its previously announced offering of 8,000,000 4.50% Non-Cumulative First Preferred Shares, Series Y (the \u201cSeries Y Preferred Shares\u201d) for gross proceeds of $200 million. The offering was completed through a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, Scotiabank, CIBC Capital Markets and TD Securities. The Series Y Preferred Shares will be listed for trading on the Toronto Stock Exchange under the symbol \u201cGWO.PR.Y\u201d.<\/p><\/blockquote>\n<p>Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=1\">\n<tr>\n<td>GWO.PR.Y<\/td>\n<td>Insurance-Straight<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2051-10-08<br \/>\nMaturity Price  : 24.59<br \/>\nEvaluated at bid price : 24.98<br \/>\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>The issue traded 884,860 shares today in a range of 24.95-45 before closing at 24.98-99.<\/p>\n<p>GWO.PR.Y is a Straight Perpetual, 4.50%, <a href=\"http:\/\/prefblog.com\/?p=42585\">announced 2021-10-1<\/a>. It is tracked by HIMIPref&trade; and has been assigned to the Insurance-Straight subindex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Great-West Lifeco Inc. has announced: the closing of its previously announced offering of 8,000,000 4.50% Non-Cumulative First Preferred Shares, Series Y (the \u201cSeries Y Preferred Shares\u201d) for gross proceeds of $200 million. The offering was &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-42616","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42616","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=42616"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42616\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}