The Bank of Nova Scotia has announced:
that it intends to exercise its right to redeem all outstanding Non-cumulative Preferred Shares Series 12 of Scotiabank (the “Preferred Shares Series 12”) on October 29, 2013 at a price equal to $25.00 per share, together with all declared and unpaid dividends. Formal notice will be issued to shareholders in accordance with the share conditions.
The redemption has been approved by the Office of the Superintendent of Financial Institutions and will be financed out of the general funds of Scotiabank.
BNS.PR.J is a DeemedRetractible, paying 5.25%.
Update, 2013-10-31: Removed from TXPR.
This entry was posted on Thursday, September 19th, 2013 at 5:20 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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BNS.PR.J To Be Redeemed
The Bank of Nova Scotia has announced:
BNS.PR.J is a DeemedRetractible, paying 5.25%.
Update, 2013-10-31: Removed from TXPR.
This entry was posted on Thursday, September 19th, 2013 at 5:20 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.