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Bullboard - Stock Discussion Forum PWC Capital T.PWCPRB

Financial Services Banks - Global Banks - Regional - Canada

TSX:PWCPRB - Post Discussion

PWC Capital > can someone explane preff deal
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Post by dannyd9 on Sep 19, 2016 6:15pm

can someone explane preff deal

I dont really understand preff deal. if you own 100 shares of the preffs..how many common shares of pwc do you get. The release was terribly worded. Thank you in advance...
Comment by MOJOJONO on Jan 05, 2017 12:42am
It's a maze going through the documents, but founda couple things.. https://www.pwccapital.com/assets/pdf/pwc-vb-merger-qa.pdf Page 6/13 Class A holder? Q. What will PWC Class A Preferred Shareholders and holders of PWC 7.5% Notes receive in the Transaction? A. PWC will redeem all PWC Class A Preferred Shares and PWC 7.5% Notes for a cash payment in accordance with their terms. ...more  
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