{"id":49041,"date":"2018-01-23T20:27:00","date_gmt":"2018-01-24T01:27:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49041"},"modified":"2025-08-05T20:29:30","modified_gmt":"2025-08-06T00:29:30","slug":"ax-pr-u-probable-call-2018-3-31","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49041","title":{"rendered":"AX.PR.U : Probable Call 2018-3-31"},"content":{"rendered":"<p>When announcing <a href=\"https:\/\/prefblog.com\/?p=36052\">today&#8217;s new issue<\/a>, Artis Real Estate Investment Trust <a href=\"http:\/\/www.artisreit.com\/files\/2018\/01\/Artis_News_012218.pdf\">stated<\/a>:<\/p>\n<blockquote>\n<p>Artis intends to use the net proceeds from the Financing to redeem its existing U.S. dollar denominated cumulative redeemable preferred trust units, Series C and for general trust purposes.<\/p>\n<\/blockquote>\n<p>This intention (not yet a formal commitment!) was repeated in a <a href=\"http:\/\/www.artisreit.com\/files\/2018\/01\/Artis_News_012219_2.pdf\">later announcement<\/a>.<\/p>\n<p>AX.PR.U is a FixedReset, 5.25%+446, US Pay, ROC, that <a href=\"https:\/\/prefblog.com\/?p=19779\">commenced trading 2012-9-18<\/a> after being <a href=\"https:\/\/prefblog.com\/?p=19704\">announced 2012-9-11<\/a>. It is callable at par on March 31. The issue has not been tracked by HIMIPref&trade; as it is US-Pay.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When announcing today&#8217;s new issue, Artis Real Estate Investment Trust stated: Artis intends to use the net proceeds from the Financing to redeem its existing U.S. dollar denominated cumulative redeemable preferred trust units, Series C &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,26,31],"tags":[],"class_list":["post-49041","post","type-post","status-publish","format-standard","hentry","category-issue-comments","category-return-of-capital","category-us-pay"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49041","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=49041"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49041\/revisions"}],"predecessor-version":[{"id":49042,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49041\/revisions\/49042"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}