March 10 (Reuters) - Canadian Western Bank CWB.TO :
* CWB announces NVCC preferred share offering
* Says to issue $100 million non-cumulative 5-year rate reset first preferred
shares series 7
* Says under the terms of the offering, CWB will issue 4 million series 7
preferred shares at a price of $25.00 per share
* Net proceeds from offering to be added to CWB's capital base and expected to
qualify as tier 1 capital for CWB
* Source text for Eikon ID:nCCN5fDvMN
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