Financial Split Corp Offer.pdf

78f11d_a80229df2f21407bb3e8221599c4bf45.pdf
Preview of Financial Split Corp Offer
🔗 Source: quadravest.com
📊 Size: 496 KB
👤 Author: Shari Payne
⬇️ Downloads: 57

Summary

North American Financial 15 Split Corp. is undertaking an offering of Preferred Shares at $10.00 per share to yield 6.75% and Class A Shares at $7.00 per share to yield 19.43%. The net proceeds will be used to invest in a portfolio of 15 financial services companies, including Bank of Montreal, Bank of America Corp., and Goldman Sachs Group Inc. The company's investment objectives are to provide fixed, cumulative preferential monthly cash dividends to Preferred Share holders and regular monthly cash dividends to Class A Share holders, with the potential for growth in net asset value. The offering is expected to close on or about March 17, 2021, subject to certain closing conditions.

Description

North American Financial 15 Split Corp.

Technical Information

  • File Format: PDF
  • File Size: 496 KB
  • Pages: 1
  • Language: EN
  • Author: Shari Payne
  • Total Downloads: 57
  • Last Updated: 1 month ago

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