TORONTO, Sept. 22, 2015 /CNW/ - BNS Split Corp. II (the "Company") is pleased to announce that it has completed its public offering of Class B preferred shares, series 2 ("Preferred Shares") raising $11,217,809 through the issuance of 569,143 Preferred Shares at a price per share of $19.71. In addition, the Company has redeemed all of its outstanding Class B preferred shares, series 1. The Preferred Shares were offered to the public on a best efforts basis by a syndicate of agents led by Scotiabank, which included CIBC and RBC Capital Markets.
BNS Split Corp. II is a mutual fund corporation created to hold a portfolio of common shares of The Bank of Nova Scotia. Capital Shares and Preferred Shares of BNS Split Corp. II are listed for trading on The Toronto Stock Exchange under the symbols BSC and BSC.PR.C, respectively.
SOURCE BNS Split Corp. II
For further information: For more information, please contact investor relations: BNS Split Corp. II, (416) 863-7301, E-mail: email@example.com, Web site: www.scotiamanagedcompanies.com