Mining & Metals
North American Financial 15 Split Prices C$102.5 Million Preferred Share Offering
North American Financial 15 Split (FFN.TO, FFN-PA.TO) completed the overnight marketing of its preferred shares and expects total proceeds to be about C$102.5 million, it said in a statement on Friday.Closing of the offering is expected on or about July 6, and is subject to closing conditions.Proceeds will be used to invest in an actively managed, high-quality portfolio primarily consisting of financial services companies made up of some Canadian and U.S. issuers, it said.Price: $11.66, Change: $+0.07, Percent Change: +0.60%
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