Financial 15 Split Corp. Preferred Share Rate

TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the “Company”) is pleased to announce that the minimum annual dividend rate for the FTN.PR.A Preferred Shares will increase to 6.00% from 5.50% for the new five-year term effective December 1, 2025. The payment rate that may be reset annually, subject to the five-year minimum, will be set at 7.25% (previously 8.50%) per annum effective December 1, 2025 based on the $10.00 repayment value. The Preferred shareholders have received a total o ...