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Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 5 (CWB.PR.B $25.50)
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Canadian Western Bank 5-year Rate Reset First Preferred Shares Series 9 (CWB.PR.D $27.25)
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Enbridge Inc. cumulative redeemable preference shares Series 9 (ENB.PF.A $22.62)
Q: Peter and Team:
I realize that preferred shares are not high on your agenda, however,
I would appreciate whatever you could offer as an explanation. The CWB pr.d trades near or above the issue price while the others trade
at a steep discount. I realize it is a minimum rate reset, but there
must be other factors which influence such a disparity in price. Thanks,
Ben.
I realize that preferred shares are not high on your agenda, however,
I would appreciate whatever you could offer as an explanation. The CWB pr.d trades near or above the issue price while the others trade
at a steep discount. I realize it is a minimum rate reset, but there
must be other factors which influence such a disparity in price. Thanks,
Ben.
