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McLean and Partners is now CWB McLean and Partners
McLean & Partners Wealth Management, a subsidiary of CWB Financial Group (CWB), today announced a name and logo change to align its identity with the organization’s other brands. Effective today, McLean & Partners Wealth Management Ltd. is now CWB McLean & Partners Wealth Management Ltd. (CWB McLean & Partners).
CWB announces board appointment
Robert Phillips, Chairman of the Board for Canadian Western Bank (TSX: CWB) is pleased to announce the appointment of E. Gay Mitchell to the CWB’s Board of Directors effective January 31, 2019.
CWB announces closing of preferred share offering
Canadian Western Bank (“CWB”) (TSX: CWB) today announced that it has closed its domestic public offering of non-cumulative 5-year rate reset First Preferred Shares Series 9 (Non-Viability Contingent Capital (NVCC)) (the “Series 9 Preferred Shares”).
CWB announces NVCC preferred share offering
Canadian Western Bank (“CWB”) (TSX: CWB) today announced its intent to issue $100 million non-cumulative 5-year rate reset First Preferred Shares Series 9 (Non-Viability Contingent Capital (NVCC)) (the “Series 9 Preferred Shares”). The offering will be underwritten on a bought deal basis by a syndicate led by National Bank Financial Inc. and BMO Capital Markets. The expected closing date is on or about January 29, 2019.
CWB announces increase to NVCC preferred share offering
Canadian Western Bank (“CWB”) (TSX: CWB) today announced that as a result of strong investor demand for its previously announced domestic public offering of non-cumulative 5-year rate reset First Preferred Shares Series 9 (Non-Viability Contingent Capital (NVCC)) (the “Series 9 Preferred Shares”), the underwriters have exercised their option to purchase an additional 1,000,000 Series 9 Preferred Shares. The size of the offering has been increased to 5,000,000 shares.