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  5. L.PR.B: Greetings 5i It looks like this preferred is going to be redeemed at $25. [Loblaw Companies Limited Second Preferred Shares Series B]

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Q: Greetings 5i
It looks like this preferred is going to be redeemed at $25. Do you know when this is to occur?
Also, and more importantly, why would a company, in todays interest rate environment do this? Has L stated their motivation?
Thank you as always.
SP
Asked by Steve on December 09, 2024
5i Research Answer:
Companies do not have to give reasons, and none was provided here. But with interest rates...
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