Dividend 15 Split Corp. Announces Successful Overnight Offering of Preferred Shares

Core Viewpoint - Dividend 15 Split Corp. has successfully completed the overnight marketing of Preferred Shares, raising approximately $142.6 million, with the offering led by National Bank Financial Inc. [1] Group 1: Offering Details - The offering is expected to close on or about January 23, 2026, pending approval by the TSX [2] - Preferred Shares are priced at $10.45 each, with a closing price of $10.53 on January 15, 2026 [2] - The net proceeds will be invested in a high-quality portfolio of dividend-yielding Canadian companies, including major banks and corporations [2] Group 2: Investment Objectives - The investment objectives for the Preferred Shares include providing holders with fixed, cumulative preferential monthly cash dividends of 7.00% annually based on the original $10 issue price [4] - On or about the termination date, currently set for December 1, 2029, the company aims to return the original $10 issue price to holders of the shares [4] Group 3: Regulatory Information - A prospectus supplement will be filed with securities commissions in all provinces of Canada, containing detailed information about the Preferred Shares and Class A Shares being offered [3] - No sales or acceptance of offers to buy the securities will occur until the prospectus supplement is filed [3]