{"id":472768,"date":"2021-04-07T09:02:48","date_gmt":"2021-04-07T13:02:48","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=472768"},"modified":"2021-04-07T09:02:48","modified_gmt":"2021-04-07T13:02:48","slug":"tdb-split-corp-completes-overnight-offering-of-15002400","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tdb-split-corp-completes-overnight-offering-of-15002400\/","title":{"rendered":"TDb Split Corp. Completes Overnight Offering of $15,002,400"},"content":{"rendered":"
\n

TORONTO, April 07, 2021 (GLOBE NEWSWIRE) — TDb Split Corp. (the \u201cCompany\u201d) is pleased to announce it has completed the overnight offering of 987,000 Priority Equity Shares and 987,000 Class A Shares of the Company. Total gross proceeds of the offering were $15.0 million, bringing the Company\u2019s net assets to approximately $83.5 million.<\/p>\n

The shares will trade on the Toronto Stock Exchange under the existing symbols of XTD.PR.A (Priority Equity Shares) and XTD (Class A Shares). <\/p>\n

The Priority Equity Shares were offered at a price of $10.00 per Share to yield 5.25% and the Class A Shares were offered at a price of $5.20 per Share to yield 11.54%.<\/p>\n

The offering was led by National Bank Financial Inc.<\/p>\n

The net proceeds of the offering will be used by the Company to invest in common shares of Toronto-Dominion Bank, a leading Canadian Financial institution.<\/p>\n

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. Please read the Company\u2019s publicly filed documents which are available at www.sedar.com<\/a><\/u>.<\/p>\n

Investor Relations:\u00a0 1-877-478-2372
Local:\u00a0 416-304-4443
www.tdbsplit.com<\/a>
info@quadravest.com<\/a><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO, April 07, 2021 (GLOBE NEWSWIRE) — TDb Split Corp. (the \u201cCompany\u201d) is pleased to announce it has completed the overnight offering of 987,000 Priority Equity Shares and 987,000 Class A Shares of the Company. Total gross proceeds of the offering were $15.0 million, bringing the Company\u2019s net assets to approximately $83.5 million. The shares will trade on the Toronto Stock Exchange under the existing symbols of XTD.PR.A (Priority Equity Shares) and XTD (Class A Shares). The Priority Equity Shares were offered at a price of $10.00 per Share to yield 5.25% and the Class A Shares were offered at a price of $5.20 per Share to yield 11.54%. The offering was led by National Bank Financial Inc. The net … <\/p>\n

Continue reading “TDb Split Corp. Completes Overnight Offering of $15,002,400”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-472768","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTDb Split Corp. Completes Overnight Offering of $15,002,400 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tdb-split-corp-completes-overnight-offering-of-15002400\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TDb Split Corp. 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