Preferred Stock Channel
Loblaw Companies Ltd | Second Preferred Shares, Series A (L.PRA.CA)

Prospectus excerpt:  The holders of second preferred share,s series A (the "series A second preferred shares") of Loblaw Companies Limited ("the company") will be entitled to receive fixed cumulative preferential cash dividends of $1.4875 per share per annum, as and when declared by the board of directors of the company, which will accrue from the date of issue and will be payable quarterly on the last day of January, April, July and October in each year. The initial dividend, if declared, will be payable on October 31, 2008 in the amouont of $0.5394 per share, based on the anticipated closing date of June 20,2008. See "Details of the Offering".

Full Prospectus PDF », L.CA Page »

Series:A
Alternate symbology:L-A.CA, L-PA.CA, LprA.CA
Redeemable?:Yes
Call Date:7/31/2015 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Conversion Ratio:On and after July 31 2013, the company, may at his option convert the Series A Second preferred Shares into Common Shares. See "Details of the Offering".
Shares Offered:9000000
Overallotment:3000000
Liquidation Preference:$25
Original Coupon:5.95%
Pay Period:Quarterly
Pay Dates:31-Jan, 30-Apr, 31-Jul, 31-Oct
CDx3 Compliance Rating: Learn L.PRA.CA's Rating
Loblaw Companies is a holding company. Through its subsidiaries, Co. has two reportable operating segments: Retail and Financial Services. The Retail segment consists primarily of corporate and franchise-owned retail food and Associate-owned drug stores, and includes in-store pharmacies and other health and beauty products, apparel and other general merchandise and supports the PC Optimum™ Program. Co.'s Financial Services segment provides credit card and banking services, the PC Optimum™ Program, insurance brokerage services, and telecommunication services.

Preferred: L.PRA.CA


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Name:  Loblaw Companies Ltd
Website:  www.loblaw.ca
Sector:  Grocery & Drug Stores

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