The Financial Post reports in its Tuesday, April 21, edition that Canada's EQB Inc., a bank holding company, is preparing to sell around $200-million of additional tier one securities as soon as Monday, according to people with knowledge of the matter. A Bloomberg dispatch to the Post reports that the securities, a type of additional tier one debt known as limited recourse capital notes, can be bought back by the company after 5-1/2 years and have a final maturity in 2086. If EQB runs into trouble, these LRCN notes will convert to a type of preferred shares, according to a presentation seen by Bloomberg. EQB Inc. first offered LRCNs in July, 2024, when it sold $150-million of the securities. Bloomberg says a representative of EQB Inc. was not immediately available for comment.