Post by
ClydeTower on Apr 19, 2022 10:45am
FTU.PR.B Redeemable value upon termination
Although Quadravest's website says they will pay holders the 10$ notional issue price in the event the the fund is terminated on DEC-1-2024, I would imagine they could not pay more than its NAV which is currently 7.47$. Any thoughts on this?
Comment by
EdPaquette on Apr 19, 2022 11:26am
Yes, those are true but in reality quadravest will just renew the term 5 more years, possibly adjusting rates.
Comment by
PileOfShit on Apr 22, 2022 12:02am
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