New Split Share Corp. from Brompton?

DBRS has announced that it:

assigned a provisional rating of Pfd-3 (high) to the Preferred Shares to be issued by Global Dividend Growth Split Corp. (the Company). The Company will issue an equal number of Preferred Shares and Class A Shares at an issue price of $10.00 per Preferred Share and $12.00 per Class A Share. The Preferred Shares will be scheduled to mature on June 30, 2021.

Net proceeds from the offering will be used to invest in a portfolio of equity securities of large capitalization global dividend growth companies (the Portfolio).

A search of SEDAR reveals the following documents:

Global Dividend Growth Split Corp. Apr 25 2018 10:33:25 ET Decision Document (Preliminary) PDF 70 K

Global Dividend Growth Split Corp. Apr 24 2018 20:54:40 ET Preliminary long form prospectus – English PDF 871 K

Global Dividend Growth Split Corp. Apr 24 2018 20:54:40 ET Preliminary long form prospectus – French PDF 898 K

As usual, I am not permitted to link directly to these public documents as the Canadian Securities Administrators would prefer that you buy a GIC instead.

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