Earnings
July 20, 2019 - AQN
New! Algonquin Power & Utilities Corp. Q1-2019 Earnings & Price Target .....
July 20, 2019 - EMA
New! Emera Inc. Q1-2019 Earnings & Price Target .....
July 18, 2019 - BEP.UN
New! Brookfield Renewable Energy Partners - Q1-2019 Earnings, Price Target .....
July 17, 2019 - SKT
Tanger Factory Outlets Inc. Q1-2019 Earnings & Price Target .....
July 14, 2019 - RUS
Russel Metals Inc. Q1-2019 Earnings. Price Target Update .....
July 13, 2019 - GEI
Gibson Energy Inc. Q1-2019 Earnings, Price Target Update .....
July 12, 2019 - SU
Suncor Energy Inc. Q1-2019 Earnings & 2019 Price Target .....
July 11, 2019 - SJR.B
Shaw Communications Inc. Fiscal Q3-2019 Earnings & Price Target Forecast .....
Recommendation Changes
AQN, SJR.B, GEI, RCI.B, BCE, more...

Capital Power Corp - $150M, 5.75% Mininum Rate Preferred Share New Issue

This is only a sample of the article, please login to view the entire article

Capital Power Corp is issuing $150M of 5.75% Minimum Rate Reset Cumulative Preferred Shares. The first dividend reset date is Jun-30-2024 at the 5-Year Government of Canada Bond Yield plus 4.15%, provided that, the rate shall not be less than 5.75%.

On Jun-1-2024 and on Jun-30 every five years thereafter, the holders will have the right to convert to Cumulative Floating Rate Preferred shares with a Floating Quarterly Dividend Rate for a quarter equal to the 3-month Government of Canada TBill Rate plus 4.15%.

The new issue is expected to open at $25.25 and is recommended.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
July 19, 2019
New! Coverage Universe - Weekly Price Change July 12-19, 2019
July 12, 2019
Coverage Universe - Weekly Price Change July 5-12, 2019
July 6, 2019
Coverage Universe - Weekly Price June 28-July 5, 2019
June 28, 2019
Coverage Universe - Weekly Price June 21-28, 2019
June 14, 2019
Coverage Universe - Weekly Price June 7-14, 2019
June 8, 2019
Coverage Universe - Weekly Price Change May 31 - June 7, 2019
June 4, 2019
Mullen Group Ltd, 5.75% Convertible Debenture New Issue
May 31, 2019
Coverage Universe - Weekly Price Change May 24-31, 2019