Brief: Financial 15 Split Corp. announces overnight offering

Financial 15 Split

17/11/2016 20:29

Nov 17 (Reuters) - Financial 15 Split Corp  FTN.TO : 
    * Financial 15 Split Corp. announces overnight offering 
    * Preferred shares will be offered at a price of $10.00 per 
preferred share to yield 5.25% 
    * Proceeds of offering will be used by company to invest in 
an portfolio consisting of 15 Financial Services 
    * Class A shares will be offered at a price of $8.75 per 
class a share to yield 17.24% in the offering 
 
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