On March 12, 2001, Sixty Split Corp. completed its $354.6 million initial public offerings ($167.1 million of capital shares and $187.5 million of preferred shares). The company holds a portfolio of the common shares that make up the S&P/TSE 60 Index in order to generate dividend income for the holders of preferred shares and to enable the holders of capital shares to participate in the capital appreciation in the portfolio shares. Holders of preferred shares are entitled to receive quarterly preferential dividends of $0.3563 per preferred share.
Andrew W. Aziz, Andrew McGuffin and Katy Waugh of Osler, Hoskin & Harcourt LLP acted on behalf of the company and the agents, led by Scotia Capital Inc.
Andrew W. Aziz, Andrew McGuffin and Katy Waugh of Osler, Hoskin & Harcourt LLP acted on behalf of the company and the agents, led by Scotia Capital Inc.
