10:32 AM EDT, 10/09/2025 (MT Newswires) -- Canadian Banc ( CNDCF ) said Thursday it has completed the overnight offering of preferred shares (BK-PR-A.TO), raising $62.7 million.

Proceeds will be invested in a portfolio consisting primarily of the six publicly traded Canadian banks.

Canadian Banc ( CNDCF ) shares are down 0.21%, to $13.58, on the Toronto Stock exchange.

Price: 13.58, Change: -0.21, Percent Change: -1.52