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Published on 11/1/2011 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

TD Split plans to redeem 1,051,500 of preferred and capital shares

By Ashley Montgomery

Kansas City, Kan., Nov. 1 - TD Split Inc. will redeem 1,051,500 class C preferred and class C capital shares on Nov. 15, according to a news release.

The company said it called 940,400 class C preferred shares for cash redemption. The redemption price is $10.00 per share.

Holders deposited an additional 111,100 class C preferred and class C capital shares for retraction on Nov. 15, the release stated.

In total, 33.7% of outstanding shares will be redeemed.


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