{"id":50110,"date":"2025-09-22T21:41:59","date_gmt":"2025-09-23T01:41:59","guid":{"rendered":"https:\/\/prefblog.com\/?p=50110"},"modified":"2025-09-22T21:41:59","modified_gmt":"2025-09-23T01:41:59","slug":"pow-pr-h-closes-firm-on-good-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50110","title":{"rendered":"POW.PR.H Closes Firm on Good Volume"},"content":{"rendered":"<p>Power Corporation of Canada <a href=\"https:\/\/www.powercorporation.com\/en\/news\/press-releases\/2025\/power-corporation-announces-closing-of-preferred-share-issue-122684\">has announced<\/a>:<\/p>\n<blockquote><p>the closing of Power Corporation&#8217;s offering of 8,000,000 5.75% Non-Cumulative First Preferred Shares, Series H in the capital of Power Corporation (the &#8220;Series H Shares&#8221;) priced at $25.00 per share for gross proceeds of $200 million. The issue was bought by a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets and Scotiabank.<\/p>\n<p>The Series H shares will be listed and posted for trading on the Toronto Stock Exchange under the symbol &#8220;POW.PR.H&#8221;. The net proceeds of this offering will be used by Power Corporation for general corporate purposes.<\/p><\/blockquote>\n<p>POW.PR.H is a 5.75% Straight Perpetual <a href=\"https:\/\/prefblog.com\/?p=50050\">announced 2025-9-15<\/a>. It has been added to the PerpetualPremium sub-index.<\/p>\n<p>The issue traded 831,540 shares today in a range of 24.95-12 before closing at 25.10-12. Vital statistics are:<\/p>\n<table border=\"1\">\n<tr>\n<td>POW.PR.H<\/td>\n<td>Perpetual-Premium<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2034-10-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.10<br \/>\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Power Corporation of Canada has announced: the closing of Power Corporation&#8217;s offering of 8,000,000 5.75% Non-Cumulative First Preferred Shares, Series H in the capital of Power Corporation (the &#8220;Series H Shares&#8221;) priced at $25.00 per &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-50110","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50110","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=50110"}],"version-history":[{"count":2,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50110\/revisions"}],"predecessor-version":[{"id":50114,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50110\/revisions\/50114"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}