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Canadian Banc Corp. Announces Successful Overnight Offering of Preferred Shares

TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) is pleased to announce it has completed the overnight marketing of Preferred Shares (TSX: BK.PR.A) of the Company. Total gross proceeds of the offering are expected to be approximately $62.7 million. The offering is being led by National Bank Financial Inc. The sales period of the overnight offering has now ended. The offering is expected to close on or about October 9, 2025 and is subject to certain closing conditions including ...