Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:With the merger, is it 1 Cenovus share for 1 Husky share?

[wheeloffortune]

So, if Cenovus CS is worth $7.03 right now, the HSE CS is worth $5.51 + $0.43 for the warrant (did I do this right for the value of the warrant?) = $5.91 ? (I took a break from my stock account for a couple weeks so I'm just catching up). 

wheeloffortune wrote: OK, I found it now for the commons: "each Husky CommonShareholder will receive, in respect of each Husky Common Share, 0.7845 of a Cenovus Common Share and 0.0651 of a Cenovus Warrant (the
 “Consideration”). Each whole Cenovus Warrant will entitle the holder thereof to acquire one Cenovus Common Share upon payment in full of
the exercise price of $6.54 per Cenovus Common Share at any time up to 60 months following completion of the Arrangement. In exchange for
their options to acquire Husky Common Shares (“Husky Options”), each holder of a Husky Option will receive an option to acquire such
number of Cenovus Common Shares as is equal to that number of Husky Common Shares that were issuable upon exercise of such Husky
Option, multiplied by 0.7845, with an exercise price per Cenovus Common Share equal to the exercise price per share of such Husky Option
divided by 0.7845 and rounded up to the nearest whole cent (the “Cenovus Replacement Options”).

wheeloffortune wrote: So if Cenovus is trading at $7.03 now, that's what a common Husky share will be worth?  When the preferreds switch over to Cenovus, will the interest spreads remain the same?