{"id":463,"date":"2007-01-10T11:03:12","date_gmt":"2007-01-10T15:03:12","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=463"},"modified":"2007-01-10T11:03:12","modified_gmt":"2007-01-10T15:03:12","slug":"new-issue-royal-bank-450-perpetual","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=463","title":{"rendered":"New Issue : Royal Bank 4.50% Perpetual"},"content":{"rendered":"<p>The Royal Bank decided to join <a href=\"http:\/\/www.prefblog.com\/?p=456\">BMO<\/a> and <a href=\"http:\/\/www.prefblog.com\/?p=457\">Scotia<\/a> in issuing a new 4.5% Perpetual this week.<\/p>\n<p>This one is for 10-million shares ($250-million), with an anticipated settlement date of January 19. It&#8217;s designated &#8220;Non-Cumulative First Preferred Shares, Series AE&#8221; and is a bought deal.<\/p>\n<p>The redemption schedule is:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"3\">Redemption Schedule,\u00a0RY Series AE<\/td>\n<\/tr>\n<tr>\n<td>From<\/td>\n<td>To<\/td>\n<td>Price<\/td>\n<\/tr>\n<tr>\n<td>2012-2-24<\/td>\n<td>2013-2-23<\/td>\n<td>$26.00<\/td>\n<\/tr>\n<tr>\n<td>2013-2-24<\/td>\n<td>2014-2-23<\/td>\n<td>$25.75<\/td>\n<\/tr>\n<tr>\n<td>2014-2-24<\/td>\n<td>2015-2-23<\/td>\n<td>$25.50<\/td>\n<\/tr>\n<tr>\n<td>2015-2-24<\/td>\n<td>2016-2-23<\/td>\n<td>$25.25<\/td>\n<\/tr>\n<tr>\n<td>2016-2-24<\/td>\n<td>INFINITE DATE<\/td>\n<td>$25.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>More later.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Royal Bank decided to join BMO and Scotia in issuing a new 4.5% Perpetual this week. This one is for 10-million shares ($250-million), with an anticipated settlement date of January 19. It&#8217;s designated &#8220;Non-Cumulative &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-463","post","type-post","status-publish","format-standard","hentry","category-new-issues"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/463","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=463"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/463\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}