BANKING AND CREDIT NEWS-January 10, 2019--Manulife to redeem fixed/floating subordinated debentures
M2 EQUITYBITES-January 10, 2019--Manulife to redeem fixed/floating subordinated debentures
Global Banking News-January 10, 2019--Manulife to redeem fixed/floating subordinated debentures
Chicago: Fitch Ratings has assigned a 'BB+' rating to Brighthouse Financial, Inc.'s (Brighthouse) upcoming issuance of junior subordinated debentures
. Existing ratings assigned to Brighthouse and its affiliates are unaffected by today's rating action and are listed at the end of this release.
Holders of STI's 6.25% Convertible Unsecured Subordinated Debentures
will receive the product of $7.50 and the number of Common Shares that the holders would be entitled to receive upon the conversion of their 2013 Debentures in accordance with their terms immediately following the closing date of the Arrangement, including those issuable upon a "Cash Change of Control", plus the sum of accrued and unpaid interest on such debentures up to but excluding the Closing Date and the interest that would have otherwise accrued from and including the Closing Date to but excluding 32 days thereafter.
Viacom announced late Thursday (2/23) that it is selling$650 million in aggregate principal amount of 5.875% fixed-to-floating rate junior subordinated debentures
due 2057 at a price equal to 100% of the principal amount thereof.
(TSX: CHR.B) (TSX: CHR.A) (TSX: CHR.DB) said is has exercised its right to partially redeem its 9.50% convertible unsecured subordinated debentures
maturing on December 31, 2014.
The Hartford announced today the closing of an offering of $600 million of 7.875% fixed-to-floating rate junior subordinated debentures
due in 2042 and an offering of $1.55 billion of senior notes.
GASFRAC Energy Services Inc (TSX:GFS), an oil and gas service company headquartered in Calgary, Alberta, Canada, has completed its earlier announced bought deal offering of 7 percent convertible unsecured subordinated debentures
Lately Land Bank has floated 7-year term subordinated debentures
worth NT$13.3 billion (US$415.63 million) at interest rate of 1.53% per annum, and EnTie has also issued NT$6 billion (US$187.5 million) worth of such kind of debentures at a higher rate of 3.25% per annum.
Its offer to exchange up to $4.0 billion principal amount of its 8.175% Series A-6 Junior Subordinated Debentures
or all of its outstanding unregistered 8.175% Series A-6 Junior Subordinated Debentures