All New issues
Power Corporation of Canada - 5.75% Preferred Shares ***Closed***
$150,000,000.00;
Bought Deal Offering of Non-Cumulative Preferred Shares, Series H -
Additional Informations
| Offering Price: | $25.00 per Preferred Shares |
|---|---|
| Minimum Purchase: | 100 Preferred Shares |
| Dividends: | 5.75% annually, paid quarterly |
| Redemption for cash: | The Preferred Shares are not redeemable prior to October 15, 2030. On or after October 15, 2030, the Corporation may, on not less than 30 nor more than 60 days’ notice, redeem the Preferred Shares in whole or in part, at the Corporation’s option, by the payment in cash of C$26.00 per Preferred Share if redeemed prior to October 15, 2031, C$25.75 per Preferred Share if redeemed on or after October 15, 2031 and prior to October 15, 2032, C$25.50 per Preferred Share if redeemed on or after October 15, 2032 and prior to October 15, 2033, C$25.25 per Preferred Share if redeemed on or after October 15, 2033 and prior to October 15, 2034 and C$25.00 per Preferred Share if redeemed on or after October 15, 2034, in each case together with all declared and unpaid dividends up to but excluding the date fixed for redemption. |
| Eligibility for RRSP & TFSA : | Yes |
| Commission received from the Issuer: | Desjardins online brokerage will receive a commission of $0.40 per share. |
| Provisional Ratings: | DBRS: Pfd-2 |
| Settlement Date: | On September 22 2025 |
| Web site of the issuer: | www.powercorporation.com/en/ |
| Prospectus: | For more information please refer to the prospectus at www.sedar.com. |
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