Canadian Banc Corp launches overnight preferred share offering at $10.33

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Canadian Banc Corp. Announces Overnight Offering of Preferred Shares

May 27, 2026 3:28 PM EDT

TORONTO, May 27, 2026 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the Company) is pleased to announce it will undertake an offering of Preferred Shares (TSX: BK.PR.A) of the Company. The offering will be led by National Bank Financial Inc.

The sales period of this overnight offering will end at 8:30 a.m. EST on May 28, 2026. The offering is expected to close on or about June 4, 2026 and is subject to certain closing conditions including approval by the TSX.

The Preferred Shares will be offered at a price of $10.33 per Preferred... More