Partners Value Split Corp. Announces $125,000,000 Public Offering of Class AA Preferred Shares, Series 18
Globe Newswire•07/10/2026•10:49 ET
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Key Highlights
- ➤Partners Value Split Corp. to issue 5,000,000 Series 18 preferred shares for $125 million
- ➤Series 18 shares carry a fixed 5.30% coupon and mature September 29, 2033
- ➤Underwriters hold an option to increase offering size to $150 million
- ➤Offering proceeds will fund distributions to Partners Value Split Corp. capital shareholders
- ➤Portfolio includes approximately 25 million Brookfield Asset Management Ltd. shares and 179 million Brookfield Corporation shares
Expert Statements
Onaiza Ahmed, Chief Financial Officer of Partners Value Split Corp.
“will be available at (416) 363-9491 to answer any questions regarding the offering”
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
TORONTO, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the “Company”) announced today that it has entered into an agreement to sell 5,000,000 Class AA Preferred Shares, Series 18 (the “Series 18 Preferred Shares”) to a syndicate of underwriters led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and TD Securities Inc. on a bought deal basis.
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