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Real Estate Split Raises CA$21.5 Million Via Overnight Offering

Real Estate Split Raises CA$21.5 Million Via Overnight Offering

MT newswireMT newswire2026/09/23 15:47
11:47 AM EDT, 09/23/2026 (MT Newswires) -- Real Estate Split (RS.TO, RS-PA.TO) completed the overnight offering of class A and preferred shares, raising about CA$21.5 million, it said Wednesday. The class A shares and preferred shares will trade on the Toronto Stock Exchange (TSX) under the existing symbols RS and RS.PR.A, respectively. The class A shares were offered at CA$9.15 per class A share to yield 17.0%, and the preferred shares were offered at CA$10.45 per preferred share to yield 4.6% to maturity, it said. The company's class A shares were last seen down about 2% at CA$8.96 on the TSX. Price: 8.96, Change: -0.18, Percent Change: -1.97
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