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Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s):  BRPPF | BOPPF | T.BPO.PR.C | BKAAF | T.BPO.PR.N | BRKFF | T.BPO.PR.P | BROAF | T.BPO.PR.R | T.BPO.PR.T | T.BPS.PR.U | T.BPO.PR.W | T.BPO.PR.Y | T.BPO.PR.X | BKEEF | T.BPO.PR.E | BROPF | T.BPO.PR.G | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.


TSX:BPO.PR.A - Post by User

Comment by CrazyTraderon Sep 07, 2023 10:10am
189 Views
Post# 35623889

RE:RE:$25/share for Prefers Redemption vs Commons (buyout)

RE:RE:$25/share for Prefers Redemption vs Commons (buyout)Brookfield I believe have in the past redeemed/bought back Prefers.... Probably Prefers with voting rights, just guessing.   

As for "irrelevant" to Brookfield, I would assume there's some relevance...  If Brookfield wants to rise money/capital from "OPM" by issuing new Prefers.... Who's going to buy them if you can just buy Prefers at "70%" discount !       If Brookfield not going to buy it's own Prefers trading at 70% discount, why anyone invest into NEW Prefers????   

All just my opinion/view/thinking/assuming......  Besides, next reset, these prefers most likely going to cost the company a lot.   Possible 10% or more off of Par ($25)....  that's maybe 20%+ yield current share prices.



 
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