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Bought Deal Offering of Cumulative Rate Reset Preferred Shares, Series 7
Offering Price:
$25.00 per Series 7 Preferred Shares.
Minimum Purchase:
100 Preferred Shares.
Initial Dividend Rate:
Dividend of 6.00% annually, paid quarterly for the Initial Fixed Rate Period ending on December 31, 2021.
Subsequent Fixed Rate Dividend:
For every five-year after the initial Fixed Rate Period, the new rate will be equal to the 5-Year Government of Canada Bond Yield plus 5.26%.
Redemption for cash:
Redeemable at the option of »»Capital Power Corporation:
on December 31, 2021 at $25.00 per Series 7 Preferred Share and on December 31 every five years thereafter.
on December 31, 2021 at $25.00 per Series 7 Preferred Share and on December 31 every five years thereafter.
Bought deal of Trust Units
Offering Price:
$15.65 per Unit.
Minimum Purchase:
100 Units.
RRSP & TFSA Eligibility:
Yes
Listing:
Symbol on the TSX of the Issuer: "CUF.UN"
Commission received from the Issuer:
Desjardins online brokerage will receive a commission of $0.31 per unit.
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