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BRIEF-Power Financial increases series V preferred stock offering

Published 2017-05-16, 03:06 p/m
© Reuters.  BRIEF-Power Financial increases series V preferred stock offering
PWF
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May 16 (Reuters) - Power Financial Corp PWF.TO :

* Power Financial announces increase to previously announced issue of series V preferred shares to $250 million

* Series V shares will be priced at $25.00 per share and will carry an annual dividend yield of 5.15 pct

* Underwriters have exercised their option to purchase an additional 2 million non-cumulative first preferred shares, series V Source text for Eikon: ID:nCNWxs65Ja Further company coverage: PWF.TO

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