Parties
Company
North American Financial 15 Split Corp.
Bank
National Bank Financial Inc.
On September 9, 2024, North American Financial 15 Split Corp. announced a CAD 350 million at-the-market (ATM) offering of Preferred and Class A Shares, set to close on October 6, 2026. The offering, managed by National Bank Financial Inc., aims to support the company’s investment in a diversified portfolio of financial services companies.
The shares, listed on the TSX under "FFN.PR.A" and "FFN," will be sold at prevailing market prices. Legal counsel includes Blake, Cassels & Graydon LLP for the company and Osler, Hoskin & Harcourt LLP for the agent.
This offering aligns with the company’s strategy to enhance liquidity and investor returns.
Deal Type
Public/Private OfferingIndustry
Banking/FinanceTransaction
$ 350,000,000Deal Status
ActiveClosing Date