DBRS Discontinues Rating of Preferred Shares Issued by NB Split Corp.
Split Shares & FundsDBRS has today discontinued the rating of the Preferred Shares issued by NB Split Corp. (the Company). On December 30, 2011, the Company announced that the Preferred Shares would be redeemed as scheduled on the maturity date in accordance with the redemption provisions of the shares. On February 15, 2012, all outstanding Preferred Shares were redeemed at their initial issue price of $32.72.
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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