Brompton Split Banc Corp. has completed a treasury offering of preferred shares for gross proceeds of approximately $38.2 million. The Preferred Shares will trade on the TSX under the symbol SBC.PR.A at a price of $10.40 per share to yield 6.0%. The Fund invests in common shares of the six largest Canadian banks and may also hold investments in global financial companies for diversification. Founded in 2000, Brompton is an investment fund manager with income and growth-focused solutions. The securities offered have not been registered under the U.S. Securities Act of 1933.

Read more at GlobeNewswire: Brompton Split Banc Corp. Completes Preferred Share