MONTREAL, Feb. 4, 2013 /CNW Telbec/ - Laurentian Bank of Canada
announces that it will redeem, on March 15, 2013, all of its
Non-Cumulative Class A Preferred Shares Series 9 then outstanding. Such
preferred shares will be redeemed at a redemption price of $25.00 per
share, together with any declared and unpaid dividends.
Beneficial holders who are not the registered holders of these shares
should contact the financial institution, broker or other intermediary
through which they hold such shares to confirm how they will receive
the redemption proceeds. Formal notices and instructions for the
redemption will be forwarded to all registered shareholders.
About Laurentian Bank
Laurentian Bank of Canada is a pan-Canadian banking institution that has
nearly $35 billion in balance sheet assets and $33 billion in assets
under administration. Founded in 1846, Laurentian Bank was selected in
2012 as one of the 10 winners of the Canada's Passion Capitalists
program in recognition of its sustained success through the promotion
of passion within its ranks. The Bank employs more than 4,200 people.
Recognized for its excellent service, proximity and simplicity,
Laurentian Bank serves more than one million clients in market segments
in which it holds an enviable position. In addition to occupying a
choice position among consumers in Québec, where it operates the third
largest branch network, the Bank has built a solid reputation across
Canada in the area of real estate and commercial financing thanks to
its teams working out of more than 35 offices in Ontario, Québec,
Alberta and British Columbia. Its subsidiary, B2B Bank, is a Canadian
leader in providing banking products as well as investment accounts and
services to financial advisors and brokers, while Laurentian Bank
Securities is an integrated broker, widely recognized for its expertise
and effectiveness nationwide.
SOURCE: Laurentian Bank of Canada
For further information:
Vice-President, Public Affairs, Communications and Investor Relations
514 284-4500, extension 7511