Q: Hello, I saw the announcement by PPL about this solicitation process. Please provide a simple English recap and implications for shareholders. Is this a good time to add to holdings or should I look at TRP instead?
https://www.businesswire.com/news/home/20250629785423/en/Pembina-Pipeline-Corporation-Announces-Commencement-of-Consent-and-Proxy-Solicitation-Process-for-4.80-Fixed-to-Fixed-Rate-Subordinated-Notes-Series-1
Thank you.
https://www.businesswire.com/news/home/20250629785423/en/Pembina-Pipeline-Corporation-Announces-Commencement-of-Consent-and-Proxy-Solicitation-Process-for-4.80-Fixed-to-Fixed-Rate-Subordinated-Notes-Series-1
Thank you.
5i Research Answer:
PPL is asking bond holders of its Series I notes to approve an exchange provision into Series...