{"id":850,"date":"2007-05-16T22:58:35","date_gmt":"2007-05-17T02:58:35","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=850"},"modified":"2007-05-16T22:58:35","modified_gmt":"2007-05-17T02:58:35","slug":"bamprt-to-be-redeemed","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=850","title":{"rendered":"BAM.PR.T to be redeemed"},"content":{"rendered":"<p>Brookfield <a href=\"http:\/\/www.brookfield.com\/newsroom\/pressreleases\/r2007\/r2007-05-16.asp\">has announced<\/a>:<\/p>\n<blockquote>\n<p>it intends to redeem its 8.30% Preferred Securities due June 30, 2051 (the \u201cSecurities\u201d) (CUSIP No. 112585 849) on July 3, 2007. The Redemption Price will be C$25.00 per Security plus accrued and unpaid interest of C$0.017055 thereon up to but excluding the redemption date, representing a total Redemption Price of C$25.017055 per Security.There are currently 5,000,000 outstanding 8.30% Preferred Securities, which are listed on the TSX under the symbol <strong>BAM.PR.T.<\/strong><\/p>\n<\/blockquote>\n<p>Hardly a surprise, but a sad event never-the-less. As the <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/05\/J6_070515.pdf\">May 15 evaluation of the &#8220;Interest Bearing&#8221; index<\/a> shows, this was the last of the Operating-Company Interest-Bearers that made life so well worth living a few years ago. The only Preferred <em>Securities<\/em> left are split-share corporations.\n<\/p>\n<p><!--ee5ebd67e3b874ea8589aaad6800bd44--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brookfield has announced: it intends to redeem its 8.30% Preferred Securities due June 30, 2051 (the \u201cSecurities\u201d) (CUSIP No. 112585 849) on July 3, 2007. The Redemption Price will be C$25.00 per Security plus accrued &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,13],"tags":[],"class_list":["post-850","post","type-post","status-publish","format-standard","hentry","category-index-construction-and-reporting","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/850","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=850"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/850\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}