Bank of the West Announces Redemption of CFB Capital III Capital Securities.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Bank of the West and CFB CFB Canadian Forces Base Capital III have announced the redemption of all of the outstanding shares of CFB Capital III Capital Securities, at a redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. equal to the aggregate Liquidation Amount of $25 per Capital Security plus accumulated and unpaid distributions to, but excluding the redemption date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. of April 15, 2007. CFB Capital III was established as a Delaware trust in 2002 by Community First Bankshares, Inc. to issue the Capital Securities. Bank of the West acquired Community First Bankshares, Inc. in connection with its 2004 acquisition of Fargo, ND-based Community First Bank. On April 15, 2007 no further distributions will accrue on CFB Capital III Capital Securities. As CFB Capital III Property Trustee, Wilmington Trust Wilmington Trust (NYSE: WL) was founded on July 8, 1903) as a banking, trust, and safe deposit company by DuPont president T. Coleman du Pont. He opened the business in the dining room and parlor of a former private residence at 915 Market Street in Wilmington, Delaware with a Company has mailed Notice of Redemption letters to holders of record of the Capital Securities. Questions relating to the Notice of Redemption should be directed to the Property Trustee, at (302) 651-1000. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion