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BRIEF-Power Financial agrees to issue 8 mln non-cumulative first preferred shares, series V for gross proceeds of $200 mln

May 16 Power Financial Corp

* Power Financial says agreed to issue 8 million non-cumulative first preferred shares, series v on a bought deal basis, for gross proceeds of $200 million

* Power Financial corp says series v shares will be priced at $25.00 per share and will carry an annual dividend yield of 5.15% Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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