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$PWI.TO

2 stories mentioning PWI.TOUpdated 13d ago

Every FINWIRES story that references PWI.TO, newest first.

Mining & Metals

Sustainable Power & Infrastructure Split Completes $41.8 Million Overnight Offering

Sustainable Power & Infrastructure Split (PWI.TO) completed a treasury offering of class A shares and preferred shares for about $41.8 million, it said on Thursday.The class A shares and preferred shares will trade on the Toronto Stock Exchange (TSX) under the existing symbols "PWI" and "PWI.PR.A".The class A shares were offered at $13.60 per class A share for a distribution rate of 8.8% on the issue price, and the preferred shares were offered at $10.40 per preferred share to yield 6.2%.Shares of the company were last seen down 0.2% at $12.43 on the TSX.Price: $12.43, Change: $-0.03, Percent Change: -0.24%

$PWI.TO
Mining & Metals

Power & Infrastructure Split Corp. Launches Treasury Offering of Class A, Preferred Shares

Power & Infrastructure Split Corp. (PWI.TO) on Wednesday said it plans an overnight offering of class A and preferred shares, priced at $13.60 and $10.40 per share, respectively.The class A shares are designed to provide investors with regular monthly cash distributions and the potential for capital growth through the company's portfolio. The preferred shares are intended to provide investors with fixed, cumulative quarterly cash distributions, according to the statement.The offering period is set to end on Thursday, with closing expected on or about June 11, subject to customary closing conditions, including approval from the Toronto Stock Exchange, the company said.Price: $13.68, Change: $-0.07, Percent Change: -0.51%

$PWI.TO

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