DBRS Discontinues Rating of Preferred Shares Issued by CANADIAN Financials & Utilities Split Corp.
Split Shares & FundsDBRS has today discontinued the rating of the Preferred Shares issued by CANADIAN Financials & Utilities Split Corp. (the Company). On January 6, 2012, the Company announced that the Preferred Shares would be redeemed as scheduled on the maturity date. On January 31, 2012, all outstanding Preferred Shares were redeemed at a price of $10.00 plus accrued and unpaid distributions of $0.0361, in accordance with the Company’s prospectus. The Preferred Shares have been delisted from the Toronto Stock Exchange.
Note:
The applicable methodology is Rating Canadian Split Share Companies and Trusts, which can be found on our website under Methodologies.
Ratings
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