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Bullboard - Stock Discussion Forum Life & Banc Split Corp T.LBS

Alternate Symbol(s):  LFBCF | T.LBS.PR.A

Life & Banc Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objective is to provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in Net Asset... see more

TSX:LBS - Post Discussion

Life & Banc Split Corp > LBS announcement
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Post by mouserman on Dec 18, 2023 9:36am

LBS announcement

SO even up the commons and preferreds in this offering.
The Toronto Stock Exchange reports that Life & Banc Split Corp. will list additional shares on the TSX at the open on Dec. 19, 2023. As stated in its prospectus supplement dated Dec. 12, 2023, the company is issuing up to 1,859,000 Class A shares at $7.80 per share and up to 5,243,111 preferred shares at $9.80 per share in an offering.
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