FTN.PR.A Financial 15 Split Corp

Financial 15 Split Corp. (the "Company") is pleased to announce that it has
today completed the overnight marketing of 1,554,800 Preferred Shares and
1,554,800 Class A Shares. Total proceeds of the offering were $27.6 million,
bringing the Company's net assets to approximately $183.4 million. Shares will
continue to trade on the Toronto Stock Exchange under the existing symbol
FTN.PR.A (Preferred shares) and FTN (Class A shares).


The Preferred Shares were offered at a price of $10.00 per Preferred Share to
yield 5.25% and the Class A Shares were offered at a price of $8.50 per Class A
Share to yield 17.7%, based on the current distribution policy. The offering was
co-led by National Bank Financial Inc., CIBC World Markets Inc. and RBC Capital
Markets and also included BMO Nesbitt Burns Inc., Canaccord Genuity Corp and GMP
Securities L.P.


The proceeds of the secondary offering, net of expenses and the Underwriters'
fee, will be used by the Company to invest in a high quality portfolio
consisting of 15 financial services companies made up of Canadian and U.S.
issuers as follows:




Bank of Montreal           National Bank of Canada  Bank of America Corp.   
The Bank of Nova Scotia    Manulife Financial       Citigroup Inc.          
Canadian Imperial Bank of   Corporation             Goldman Sachs Group Inc.
 Commerce                  Sun Life Financial       JP Morgan Chase & Co.
Royal Bank of Canada        Services of Canada Inc. Wells Fargo & Co.       
The Toronto-Dominion Bank  Great-West Lifeco Inc.      
                           CI Financial Corp.              



Commissions, trailing commissions, management fees and expenses all may be
associated with mutual fund investments. Investors should read the prospectus
before investing. Mutual funds are not guaranteed, their values change
frequently and past performance may not be repeated.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Financial 15 Split Corp.
Investor Relations
416-304-4443 or Toll free at 1-877-4-Quadra (1-877-478-2372)
www.financial15.com

Grafico Azioni Financial 15 Split (TSX:FTN.PR.A)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Financial 15 Split (TSX:FTN.PR.A)
Storico
Da Giu 2023 a Giu 2024