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53 per preference share is expected to take place on 16 February 2018.
4 million in annual payments by Butterfield for Preference Share dividends and the guarantee fees payable to the Government of Bermuda, which will be accretive to earnings going forward.
Brookfield issued 8 million Class AAA Preference Shares, Series J, at a price of C$25 per share with a yield Of 5.
Investors from the general public in Denmark, Norway and Sweden and private banking clients were allotted approximately 40% in total of the preference share issue and institutional investors approximately 60%.
8 June 2011 - Swedish real estate company Fastighets AB Balder (STO: BALD B) announced today a decision to expand its preference share issue for the second time to SEK1bn from SEK850m to meet high demand from investors.
Should the underwriters' option be fully exercised, the total gross proceeds of the Preference Share offering will be $200 million.