West Bromwich to skip coupon on permanent interest bearing shares

By Susanna Moon

Chicago, Sept. 29 – West Bromwich Building Society notified holders that it was canceling the interest payment due Oct. 5 on its permanent interest bearing shares.

The decision was made at a company board meeting held in September under the “special conditions” of the issue, according to the cancellation notice.

No other details were provided in the release.

West Bromwich is a U.K. building society with its headquarters in West Bromwich, England.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.