On May 17, 2024, the 2028 Investment Grade Bond Trust (the "Fund") announced an at-the-market (ATM) offering for Class F units, targeting up to CAD 75 million in aggregate market value. The offering is scheduled to close on June 7, 2026, unless terminated earlier under the terms of the agreement. Managed by Next Edge Capital Corp., the Fund focuses on preserving capital and generating quarterly distributions by investing primarily in Canadian investment-grade corporate debt securities, with a minimum of 75% investment-grade assets. National Bank Financial Inc. is the agent for the ATM offering, earning a commission of up to 2.5% of the gross sale price per unit sold. The Fund’s units are listed on the Toronto Stock Exchange (TSX) under the symbol "IGBT.UN."

Legal advisors for the transaction include Blake, Cassels & Graydon LLP representing the Fund and Fasken Martineau DuMoulin LLP advising National Bank Financial. Proceeds from the offering will support the Fund’s investment objectives, with a commitment to limit leverage to 50% of net asset value.