Domtar calls its series A, B preferreds

By Susanna Moon

Chicago, Nov. 26 - Domtar Inc., a wholly owned subsidiary of Domtar Corp., said it sent redemption notices to holders of its series A preferred shares and series B preferred shares.

The redemption date for both series of preferreds is Dec. 21.

The company said it will pay C$25.4932 per share for the series A preferreds, which represents the redemption price of C$25.00 plus accrued dividends of C$0.4932, accruing as of and from the last dividend payment date of Oct. 2.

For the series B preferreds, the payout is C$25.2466 per share, or the redemption price of C$25.00 plus accrued dividends of C$0.2466, accruing as of and from Oct. 2.

Noteholders may direct questions about surrendering their certificates to Computershare Trust Co. of Canada at (866) 245-4053 or to corporateactions@computershare.com.

Domtar Corp. is a paper company based in Montreal.

© 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.