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  5. BPO.PR.C: I currently own some of these shares and am trying to find out if they are being called at the end of June when they are subject to the 5 year rate reset. [Brookfield Office Properties Inc. Class AAA Preference Shares Series CC]
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Q: I currently own some of these shares and am trying to find out if they are being called at the end of June when they are subject to the 5 year rate reset...are you able to tell me if an announcement to that effect has been made yet and if not provide a good website where I would be able to ....I monitor the BPY news releases but have seen nothing yet...the date of the meeting for BAM. to acquire BPY is after the reset date and not sure if a redemption call could be made prior to the meeting...any insights you could provide would be much appreciated...many thanks

Asked by Cam on June 01, 2021
5i Research Answer:

We have not seen any redemption notice on these. This info can be hard to obtain (we use Bloomberg). Going to the company's site for press releases is usually the best source. The takeover of BPY would have no impact on dates nor possible future redemption here.