Business News • MarketWire • 5Banc Split Inc. Announces Final Redemption |
5Banc Split Inc. Announces Final Redemption |
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5Banc Split Inc. Announces Final Redemption
TORONTO, ONTARIO--(Marketwired - Dec. 5, 2016) - 5Banc Split Inc. (the "Company") (TSX:FBS.B)(TSX:FBS.PR.C) announced today that in connection with the previously announced upcoming maturity of the fund on December 15, 2016, 1,077,529 Class C Preferred Shares and 1,077,529 Class B Capital Shares have been tendered for redemption on December 15, 2016. The redemption price paid for the Class C Preferred Shares will be $10.00 per Class C Preferred Share, and the redemption price for the Class B Capital Shares will be $27.51 per Class B Capital Share.
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