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Brompton Split Banc completes treasury offering

May 28, 2020 - SNL Financial

Brompton Split Banc completed its treasury offering of class A shares and preferred shares for aggregate gross proceeds of approximately C$22.9 million.

Toronto-based Brompton Split Banc Corp. completed its treasury offering of class A shares and preferred shares for aggregate gross proceeds of approximately C$22.9 million.

The class A shares were offered at a price of C$8.00 each for a distribution rate of 15.0% on the issue price, and the preferred shares were offered at a price of...