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Published on 5/5/2014 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Laurentian Bank of Canada to redeem class A preferreds on June 15

By Tali Rackner

Norfolk, Va., May 5 - Laurentian Bank of Canada updated the redemption date for all of its series 10 noncumulative class A preferred shares, according to a press release.

The preferreds will be redeemed on June 15. Previously, they were scheduled to be redeemed on June 16.

The redemption price is par of C$25 plus accrued dividends.

The bank is based in Montreal.


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