Premium Global Income Split Fund Announces Closing of Overnight Offering of Preferred Shares and Class A Shares

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Postmedia has not reviewed the content. by GlobeNewswire Premium Global Income Split Fund Announces Closing of Overnight Offering of Preferred Shares and Class A SharesAuthor of the article:TORONTO, Sept. 18, 2026 (GLOBE NEWSWIRE) — (TSX: PGIC.PR.A; PGIC) – Premium Global Income Split Fund (the “Fund”) is pleased to announce that it has completed the previously announced treasury offering of 1,734,600 Preferred Shares and 1,587,993 Class A Shares for gross proceeds of $30,001,100. The Preferred Shares and Class A Shares will continue to trade on the Toronto Stock Exchange (the “TSX”) under the existing symbols PGIC.PR.A and PGIC, respectively.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe Preferred Shares were offered at a price of $10.75 per Preferred Share and the Class A Shares were offered at a price of $7.15 per Class A Share.The Fund invests in a diversified portfolio of primarily large capitalization global equity securities actively selected by its manager and investment manager, Mulvihill Capital Management Inc. (“Mulvihill”). To enhance the income generated by the Fund’s portfolio and to reduce volatility, the Fund employs an active covered call writing strategy and may write cash covered put options in respect of securities in which it is permitted to invest. The Fund may also invest up to 100% of its net assets in other public investment funds (including investment funds managed by Mulvihill). In addition, the Fund is exposed to securities traded in foreign currencies and may, at Mulvihill’s discretion, enter into currency hedging transactions to reduce the effects of changes in the value of foreign currencies relative to the value of the Canadian dollar.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe Preferred Shares pay fixed cumulative preferential monthly cash distributions in the amount of $0.0625 ($0.75 per annum) per Preferred Share representing a yield of 7.50% on the original issue price of $10.00. The Class A Shares currently pay monthly distributions in the amount $0.08 ($0.96 per annum) per Class A Share.The syndicate of agents for the offering was co-led by National Bank Financial Inc.For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@mulvihill.com or visit www.mulvihill.com.John Germain, Senior Vice-President & CFOMulvihill Capital Management Inc.25 King Street WestSuite 2110Toronto, Ontario, M5L 1A1This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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