Brookfield share issue.
Brookfield Properties Corporation announced the completion of its Class AAA AAA: see American Automobile Association.
(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. Series K preference share issue in the amount of C$150 million.
Brookfield issued 6 million Class AAA Preference Shares. Series K, at a price of C$25 per share with a yield of 5.2% per annum Per annum
Yearly. . The net proceeds will be utilized for general corporate purposes
The shares will commence trading on the Toronto Stock Exchange Toronto Stock Exchange (TSE)
Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. on October 22, 2004.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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