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BRIEF-Power Financial to issue 8 mln non-cumulative first preferred shares
May 16, 2017 / 12:59 PM / 7 months ago

BRIEF-Power Financial to issue 8 mln non-cumulative first preferred shares

May 16 (Reuters) - Power Financial Corp

* Power Financial Corp - to issue 8 million non-cumulative first preferred shares, Series V on a bought deal basis, for gross proceeds of $200 million

* Power Financial Corp - Series V shares will be priced at $25.00 per share and will carry an annual dividend yield of 5.15 pct Source text for Eikon: Further company coverage:

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