TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Apr 25, 2024 5:35pm
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Post# 36008155
RE:RE:Remember, Prefers "cost" more than debt... company can't
RE:RE:Remember, Prefers "cost" more than debt... company can't Good afternoon SONOFFERGUS
Preferred shares are not for everyone. It is important to fully understand what they are. I came across an interesting paper prepared by SLC Management outlining Federal budget implications for Canadian preferred shares
Well worth reading as it explains why some Canadian institutions may be selling preferred shares. Considering the low credit rating of BPO I do not expect any negative effect on its preferred shares.
https://www.slcmanagement.com/ca/en/insights/all-insights/federal-budget-implications-for-Canadian-preferred-shares/