{"id":853,"date":"2007-05-17T22:52:14","date_gmt":"2007-05-18T02:52:14","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=853"},"modified":"2007-05-17T22:52:14","modified_gmt":"2007-05-18T02:52:14","slug":"bxnprb-partial-call-for-redemption","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=853","title":{"rendered":"BXN.PR.B : Partial Call for Redemption"},"content":{"rendered":"<p><a href=\"http:\/\/www.scotiamanagedcompanies.com\/mcapp\/profile.do?com=BXN\">B Split II Corporation<\/a> is no longer part of the HIMIPref\u2122 universe (BXN.PR.A was tracked until its redemption 2005-6-2) but I&#8217;ll post the following <a href=\"http:\/\/www.scotiamanagedcompanies.com\/mcapp\/BXN_05_17_2007.pdf?FILE=BXN_05_17_2007.pdf&#038;TYPE=PRESS_RELEASE&#038;CONTENT_TYPE=pdf\">announcement<\/a> anyway:<\/p>\n<blockquote>\n<p>B Split II Corp. (the \u201cCompany\u201d) announced today that it has called 804,057 Preferred Shares for cash redemption on June 1, 2007 (in accordance with the Company\u2019s Articles) representing approximately 3.514% of the outstanding Preferred Shares as a result of the special annual retraction of 845,121 Capital Shares by the holders thereof. The Preferred Shares shall be redeemed on a pro rata basis, so that each holder of Preferred Shares of record on May 31, 2007 will have approximately 43.514% of their Preferred Shares redeemed. The redemption price for the Preferred Shares will be $9.75 per share.<\/p>\n<p>&#8230;<\/p>\n<p>B Split II Corp. is a mutual fund corporation created to hold a portfolio of common shares of BCE Inc. Capital Shares and Preferred Shares of B Split II Corp. are listed for trading on The Toronto Stock Exchange under the symbols BXN and BXN.PR.B respectively.<\/p>\n<\/blockquote>\n<p>Now that the Capital units have finally shown some gains, I suppose a lot of holders wanted to lock them in!\n<\/p>\n<p><!--5822b09d05cd17956c893f8ceddebce4--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>B Split II Corporation is no longer part of the HIMIPref\u2122 universe (BXN.PR.A was tracked until its redemption 2005-6-2) but I&#8217;ll post the following announcement anyway: B Split II Corp. (the \u201cCompany\u201d) announced today that &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-853","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/853","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=853"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/853\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}