Financial 15 Split Corp. launches preferred shares offering at $10.78 each with 7.25% annual dividends.

Financial 15 Split Corp. announced an overnight offering of its Preferred Shares at $10.78 each, led by National Bank Financial Inc. The offering, closing around June 24, 2026, aims to raise funds to invest in a portfolio of North American financial services companies. Preferred shares offer fixed, cumulative monthly dividends at an annual rate of 7.25%, with a minimum of 6.00% until 2030, and a redemption price of $10 per share at maturity. This move supports the company's strategy to provide stable income through high-quality financial sector investments.