Brookfield Office Properties Inc. Class AAA Preference Shares Series Y (BPO.PR.Y)

Brookfield Office Properties Inc. Class AAA Preference Shares Series Y (BPO.PR.Y $10.57)
- $10.57 Cap: $8.67B
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Brookfield Office Properties Inc. Class AAA Preference Shares Series Y (BPO.PR.Y $10.57)
- $10.57 Cap: $8.67B
- View BPO.PR.Y Profile
- View Questions on BPO.PR.Y

Q: These rate reset preferred are 70% of bank prime rate. I am confused on their fact sheet as to when the reset occur. now that all the major banks have increased to 4.7. when is the reset going into effect. The next dividend coming at the end of July is declared at the old rate, Will the rate adjust for the next dividend after this one?
Thank you.

Read Answer Asked by francois on July 19, 2022