TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Apr 06, 2024 11:13am
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Post# 35974754
RE:Here's a question every 5yr Reset Prefer shareholder should
RE:Here's a question every 5yr Reset Prefer shareholder should Some will ask, what are you talking about, companies on mass redeeming.
Remember, companies can only redeem every 5 years.... So, only when Prefers come up for RESET does the company have an opportunity to redeem.
So, those Prefers issued with a HIGH Fixed Base Rate, will most likely be redeemed.
BPO.PR.C will most likely be redeemed, but first Brookfield will try to get as many as possible at a discount on the open market.