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TORONTO, June 16, 2026 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the "Company") is pleased to announce it will undertake an offering of Preferred Shares (TSX:FTN) of the Company. The offering will be led by National Bank Financial Inc.

The sales period of this overnight offering will end at 8:30 a.m. EST on June 17, 2026. The offering is expected to close on or about June 24, 2026 and is subject to certain closing conditions including approval by the TSX.

The Preferred Shares will be offered at a price of $10.78 per Preferred Share.

The closing price on the TSX of the Preferred Shares on June 15, 2026 was $10.84.

Since the inception of the Company, 270 consecutive dividends have been declared for the Preferred Shares. The aggregate dividends declared on the Preferred Shares total $13.26 per share. All distributions to date have been made in tax advantaged eligible Canadian dividends.

The net proceeds of the offering will be used by the Company to invest in an actively ...