TDb Split Corp. Completes Overnight Offering of $28,117,500

TORONTO, ONTARIO--(Marketwired - Sept. 3, 2014) - TDb Split Corp. (the "Company") is pleased to announce it has completed an overnight offering of 1,725,000 Priority Equity Shares and 1,725,000 Class A Shares. Total proceeds of the offering were $28.1 million, bringing the Company's net assets to approximately $53 million. The shares will trade on the Toronto Stock Exchange under the existing symbols of XTD.PR.A (Priority Equity shares) and XTD (Class A shares).

The Priority Equity Shares were offered at a price of $10.20 per Priority Equity Share to yield 5.15% on the issue price and the Class A Shares were offered at a price of $6.10 per Class A Share to yield 9.83% on the issue price.

The offering was co-led by National Bank Financial Inc., CIBC, RBC Capital Markets and also included Scotia Capital Inc., TD Securities Inc., BMO Capital Markets, GMP Securities L.P., Canaccord Genuity Corp. and Raymond James.

The net proceeds of the secondary offering will be used by the Company to invest in common shares of Toronto-Dominion Bank, a leading Canadian Financial institution.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Company's publically filed documents which are available at www.sedar.com.