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Published on 3/25/2014 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Laurentian Bank of Canada to redeem class A preferreds on June 16

By Tali Rackner

Norfolk, Va., March 25 - Laurentian Bank of Canada plans to redeem all of its 4.4 million series 10 noncumulative class A preferred shares, according to a press release.

The shares will be redeemed at C$25 per share, for a total of C$110 million, on June 16.

The bank is based in Montreal.


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