ROC Pref II Corp. Declares Quarterly Distribution



    TORONTO, March 14 /CNW/ - (RPA.PR.A) - The Board of Directors of ROC Pref
II Corp. ("the Company") has today declared a cash distribution of $0.290625
per Preferred Share consisting of a return of capital on such Preferred Shares
equal to $0.290625 per share payable on March 31, 2008 to holders of record at
the close of business on March 24, 2008.

    The Company is a mutual fund corporation that issued 5.25-year
redeemable, retractable cumulative P-1 (Low) rated Preferred Shares which
mature on or about December 31, 2009. The Company used the proceeds to gain
exposure, by way of an equity forward sale agreement, to an A- rated
structured note that offers credit exposure to a portfolio of 142 companies
that were rated investment grade at inception.
    The Preferred Shares are listed for trading on the Toronto Stock Exchange
under the symbol RPA.PR.A.





For further information:

For further information: please visit www.cclcapitalmarkets.com or
contact: Tim Bradshaw, National Sales Manager, Connor, Clark & Lunn Capital
Markets Inc., (416) 364-3658, tbradshaw@cclgroup.com

Organization Profile

Connor, Clark & Lunn Capital Markets Inc.

More on this organization

ROC PREF II CORP.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890