ECN Capital to redeem all series A cumulative preferreds on Dec. 31

By Wendy Van Sickle

Columbus, Ohio, Nov. 23 – ECN Capital Corp. plans to redeem all C$96,077,500, or 3,843,100 shares, of its outstanding cumulative five-year minimum rate reset preferreds, series A, according to a press release.

The redemption price will be C$25.00 a share plus accrued dividends to the redemption date of Dec. 31.

Computershare Investor Services Inc. is the transfer agent.

ECN Capital is a Toronto-based asset manager.

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