On December 20, 2024, Premium Global Income Split Corp. launched an at-the-market (ATM) offering of CAD 50 million, comprising CAD 29 million in preferred shares and CAD 21 million in Class A shares. The shares, traded on the TSX under PGIC.PR.A and PGIC, were offered at prevailing market prices, with agent commissions capped at 2.5%.

National Bank Financial and CIBC acted as agents, with legal counsel from Osler, Hoskin & Harcourt LLP and Blake, Cassels & Graydon LLP. Proceeds will support the fund’s objectives of delivering stable distributions and enhancing returns through a global equity portfolio. Total offering expenses, excluding commissions, were estimated at CAD 130,000.