The Redemption Price
will not accrue interest from the Redemption Date.
The Notes will be redeemed on December 30, 2016 (the Redemption Date), at a redemption price
equal to 100.00% of the aggregate principal amount thereof plus a make-whole premium, to be calculated as set forth in the Notice of Redemption for the Notes, plus accrued and unpaid interest, if any, to the Redemption Date (the Redemption Price
TORONTO, ONTARIO: Bank of Montreal will exercise its right to redeem all of its $350,000,000 Non-Cumulative Perpetual Class B Preferred Shares Series 13 on May 25, 2015, at the redemption price
of $25.25 per share, for total redemption proceeds of about $353.5 million.
Accordingly, the difference between the total excess servicing rights ("the redemption price
") and the allocated basis is OID.
M2 EQUITYBITES-March 13, 2018-TransAlta sets redemption price
& redemption date for 6.650% senior notes due 2018
The redemption price
for each of the senior notes will be equal to USD1,000 per USD1,000 original principal amount, plus interest as applicable to, but excluding, the redemption date of August 11, 2017.
The "make-whole premium" redemption price
will be equal to the greater of 100% of the principal amount of the Notes to be redeemed and the sum of the present values of the remaining scheduled payments of principal and interest on the Notes discounted to the redemption date, on a semiannual basis, at a rate equal to the sum of the applicable Treasury Rate (as defined in the Notes) plus 15 basis points with respect to the 2017 Notes, 25 basis points with respect to the 2018 Notes and 35 basis points with respect to the 2019 Notes.
The Preferred Shares Series 23 are redeemable at Bank of Montreal's option on February 25, 2015, at a redemption price
of $25.00 per share.
Payment of the redemption price
for each of the Senior Notes will be made through the facilities of The Depository Trust company.
The redemption price
will be equal to USD1,000 per USD1,000 original principal amount, plus any accrued and unpaid interest to the redemption date of July 23, 2017.
The Series G Preferred Stock will be redeemed at a redemption price
per share equal to USD 25,000 (equivalent to USD 25 per Series G Depositary Share).
JetBlue announced today that it will redeem all of its outstanding 6.75 percent convertible debentures due 2039 (Series B) (the "Notes") at a redemption price
equal to 100 percent of the principal amount of the Notes, together with accrued and unpaid interest to, but excluding, the redemption date.