Dividend 15 Split Corp. II Completes Overnight Offering of $32,530,625
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 12/03/13 -- Dividend 15 Split Corp. II ("Dividend 15 II") is pleased to announce that it has completed an overnight offering of 1,782,500 Preferred Shares and 1,782,500 Class A Shares. Total gross proceeds of the offering were $32.5 million, bringing the Company's net assets to approximately $116 million. Shares will continue to trade on the Toronto Stock Exchange under the existing symbol DF.PR.A (Preferred Shares) and DF (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 $8.25 per Class A Share to yield 14.5%, based on the current distribution policy. The offering was co-led by National Bank Financial, CIBC World Markets and RBC Capital Markets and also included BMO Nesbitt Burns Inc., TD Securities Inc., GMP Securities L.P. and Canaccord Genuity Corp.
The proceeds of the secondary offering, net of expenses and the Underwriters' fee, will be used by the Company to invest in an actively managed portfolio of dividend-yielding common shares which includes each of the 15 Canadian companies listed below. These are currently among the highest dividend-yielding securities in the S&P/TSX 60 Index:
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.
Contacts:
Investor Relations
416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 03.12.2013 - 14:41 Uhr
Sprache: Deutsch
News-ID 322254
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
Diese Pressemitteilung wurde bisher 271 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Dividend 15 Split Corp. II Completes Overnight Offering of $32,530,625"
steht unter der journalistisch-redaktionellen Verantwortung von
Dividend 15 Split Corp. II (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
