Bank of Queensland (ASX: BOQ) today announced its intention to redeem all remaining Convertible Preference Shares (ASX: BOQPD) on the first optional call date (16 April 2018).
The bank stated it will issue a formal notice on the 5th of March 2018 which is the date BOQPD will be suspended from trading.
Unitholders will be entitled to face value ($100) together with the final interest payment of $2.4433 per unit.
