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S&P preferred stock index to drop Edison, Public Storage issues
New York, July 7 – S&P Dow Jones Indices said it will remove two securities from the S&P U.S. Preferred Stock Index due to redemptions.
The 5.625% trust preference securities of Edison International will be deleted before the open of trading on July 19 and the 5.9% series S cumulative preferred shares of Public Storage will be deleted before the open of trading on July 26.
Both issues have been called.
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