E Split Corp. Class A (TSE:ENS) has released an update.
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E Split Corp., managed by Middlefield Group, has announced the successful overnight offering of Class A and Preferred Shares, expected to generate $53.2 million in gross proceeds. The offering, which will close around April 19, 2024, includes Class A Shares priced at $11.60 and Preferred Shares at $10.10, both aimed at providing attractive yields and benefits to shareholders. The funds raised are earmarked for investment in Enbridge Inc., enhancing shareholder value through distributions and capital appreciation.
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