{"id":9964,"date":"2010-03-03T00:37:33","date_gmt":"2010-03-03T04:37:33","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=9964"},"modified":"2010-03-03T00:37:33","modified_gmt":"2010-03-03T04:37:33","slug":"bscpra-to-extend-term","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=9964","title":{"rendered":"BSC.PR.A to Extend Term?"},"content":{"rendered":"<p>BNS Split Corp. II <a href=\"http:\/\/www.scotiamanagedcompanies.com\/mcapp\/BSC_03_02_2010.pdf?FILE=BSC_03_02_2010.pdf&#038;TYPE=PRESS_RELEASE&#038;CONTENT_TYPE=pdf\">has announced<\/a>:<\/p>\n<blockquote><p>that its Board of Directors has retained Scotia Capital to advise the Company on a possible extension and reorganization of the Company. There is no guarantee that after such review an extension will be proposed or if proposed, will be approved by shareholders.<\/p>\n<p>BNS Split Corp. II is a mutual fund corporation created to hold a portfolio of common shares of The Bank of Nova Scotia.<\/p><\/blockquote>\n<p>BSC.PR.A is <a href=\"http:\/\/www.scotiamanagedcompanies.com\/mcapp\/BSC_Prospectus_09_15_2005.pdf?FILE=BSC_Prospectus_09_15_2005.pdf&#038;TYPE=STATEMENT&#038;CONTENT_TYPE=pdf\">scheduled to wind up in September<\/a>:<\/p>\n<blockquote><p>The Capital Shares and the Preferred Shares may be surrendered for retraction at any time and will be redeemed by the Company on September 22, 2010 (the \u2018\u2018Redemption Date\u2019\u2019).<\/p><\/blockquote>\n<p>BSC has an <a href=\"http:\/\/www.scotiamanagedcompanies.com\/mcapp\/profile.do?com=BSC\">NAVPU of $48.31<\/a> providing Asset Coverage of 2.3+:1.<\/p>\n<p>BSC.PR.A was last mentioned on PrefBlog when it was <a href=\"http:\/\/www.prefblog.com\/?p=9142\">upgraded to Pfd-2(low) by DBRS<\/a>. BSC.PR.A is not tracked by HIMIPref&trade; &#8230;. but if they extend term and maybe up the size just a little, its successor might be.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNS Split Corp. II has announced: that its Board of Directors has retained Scotia Capital to advise the Company on a possible extension and reorganization of the Company. There is no guarantee that after such &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-9964","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/9964","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=9964"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/9964\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}