A high-quality portfolio consisting of North American Financial Services CompaniesTORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the “Company”) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: FTN.PR.A) of the Company. Total gross proceeds of the offering were $92.2 million. The Preferred Shares will begin trading on the Toronto Stock Exchange under the existing symbol of FTN.PR.A. The offering was led by National Bank Financial Inc. The net proc ...

Interacting with readers here on Seeking Alpha has numerous benefits. It can lead to new insights, provide a different perspective, as well as uncover new investment ideas.I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundament ...

A high-quality portfolio consisting of North American Financial Services CompaniesTORONTO, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the “Company”) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: FTN.PR.A) of the Company. Total gross proceeds of the offering are expected to be approximately $92.2 million. The offering is being led by National Bank Financial Inc. The sales period of this overnight offering has now ended. The offering is expected to c ...

A high-quality portfolio consisting of North American Financial Services CompaniesTORONTO, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares (TSX: FTN.PR.A) of the Company. The offering will be led by National Bank Financial Inc. The sales period of this overnight offering will end at 9:00 a.m. EST on November 18, 2025. The offering is expected to close on or about November 25, 2025 and is subject to certain cl ...

CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce completion of its previously-announced preferred share financing (the "Equity Financing"), raising C$26.5 million of additional equity capital, and concluded amendments to its debt agreements to extend maturities by 24 months, defer cash interest obligations through 2026, and adjust financial covenants (the "Debt Amendments"). Equity Financing The Equit ...

Core Points - Real Estate Split Corp. has extended its maturity date for an additional 5 years to December 31, 2030 [1] - The new distribution rate for Preferred Shares will be $0.58 per annum, reflecting a 10.5% increase from the previous rate of $0.525 [2] - Class A Shareholders will maintain a targeted monthly distribution rate of $0.13 per share, with a total return of 6.2% per annum since inception [3] Company Strategy - The term extension allows Class A shareholders to continue benefiting from a diversified portfolio of North American real estate issuers, focusing on traditional property types and emerging sectors [4] - The portfolio includes industrial, multi-family, senior housing, and retail properties, as well as data centers, towers, and life science labs [4] - The Company employs a tactical asset-allocation strategy to optimize capital appreciation and income based on market conditions [4] Shareholder Options - Shareholders can continue holding their shares to receive the new distribution rate or retract their shares on December 31, 2025, with a calculated retraction price [4] - Shareholders wishing to retract must notify their investment dealer by November 27, 2025 [4] - Alternatively, shareholders may sell their shares through their securities dealer at market price, potentially achieving a higher price than through retraction [4]

Core Insights - Triumph Financial (NYSE: TFIN) is a regional bank that has established a niche in the transportation industry, but its shares have significantly underperformed this year [1] Company Overview - Triumph Financial focuses on the transportation sector, indicating a specialized approach within the banking industry [1] Performance Analysis - The bank's shares have greatly underperformed in the current year, suggesting potential challenges or market conditions affecting its stock performance [1]

Group 1 - The individual began investing in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - Recently, the investment strategy has evolved to combine long stock positions with covered calls and cash secured puts, reflecting a more sophisticated approach to investing [1] - The investment philosophy is fundamentally long-term, with a primary focus on REITs and financials, while occasionally exploring ETFs and other stocks based on macro trade ideas [1]

Core Points - Canadian Banc Corp. has successfully completed an overnight offering of Preferred Shares, raising total gross proceeds of $62.7 million [1] - The Preferred Shares will trade on the Toronto Stock Exchange under the symbol BK.PR.A [1] Investment Portfolio - The net proceeds from the offering will be invested in a portfolio primarily consisting of six publicly traded Canadian banks: Bank of Montreal, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Bank of Nova Scotia, National Bank of Canada, and The Toronto-Dominion Bank [2] Investment Objectives - The investment objectives for the Preferred Shares include providing holders with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the prevailing Canadian prime rate plus 1.50%, with a minimum annual rate of 5.0% and a maximum annual rate of 8.0% based on the original $10 issue price [3] - On or about the termination date, currently set for December 1, 2028, the company aims to pay holders the original $10 issue price of those shares, subject to potential five-year extensions [3]

Core Viewpoint - Canadian Life Companies Split Corp. has renewed its at-the-market equity program, allowing the issuance of shares until June 1, 2026, unless terminated earlier [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program established in May 2024 and allows the Company to issue Class A Shares and Preferred Shares at prevailing market prices [1][2]. - The maximum gross proceeds from the issuance of shares under the ATM Program will be $140,000,000 [2]. - Sales will be conducted through the Toronto Stock Exchange or other Canadian marketplaces, with the timing and volume of distributions determined at the Company's discretion [2][3]. Group 2: Investment Strategy - The Company invests in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. [4].