Market & Economy News

S Split Corp. Announces Automatic Partial Redemption of Preferred Shares

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — (TSX: SBN; SBN.PR.A) S Split Corp. (the “Fund”) has announced that the Fund will effect a partial redemption of its Preferred Shares (“Preferred Shares”) in order to maintain an equal number of Preferred Shares and Class A Shares (“Class A”) of the Fund outstanding. The partial redemption of the Preferred Shares is being made in connection with the automatic seven-year extension of the term of the Fund to November 30, 2028. Read More