TORONTO, Oct. 30 /CNW/ -- Big 8 Split Inc. (the "Company") announced today that it has filed a preliminary prospectus in respect of a proposed public offering of new Class C preferred shares, Series 1 and additional Class A capital shares (collectively, the "Shares"). The Shares are being offered to the public on a best efforts basis by a syndicate of agents led by TD Securities Inc. and Scotia Capital Inc., and including BMO Nesbitt Burns Inc., National Bank Financial Inc., Canaccord Capital Corporation, GMP Securities L.P., HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Desjardins Securities Inc., Dundee Securities Corporation, Manulife Securities Incorporated and Wellington West Capital Markets Inc.
Big 8 Split Inc. was established to generate dividend income for the holders of its preferred shares while providing holders of the Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at www.tdsponsoredcompanies.com.
The Capital Shares and Class B preferred shares of Big 8 Split Inc. are listed on the Toronto Stock Exchange under the symbols BIG.A and BIG.PR.B respectively.
