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Canadian Banc Corp. Completes Overnight Offering of $62,700,000

TORONTO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: BK.PR.A) of the Company. Total gross proceeds of the offering were $62.7 million. The Preferred Shares will begin trading on the Toronto Stock Exchange under the existing symbol of BK.PR.A. The offering was led by National Bank Financial Inc. The net proceeds of the offering will be used by the Company to invest in a portfolio consisting pri ...