Exchange Bulletin
iShares Flexible Monthly Income ETF (XFLI, XFLI.U) To Trade On Toronto Stock Exchange
September 25, 2024
Issuer: iShares Flexible Monthly Income ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Canadian dollar denominated units (the "CAD Units") | XFLI | 50,000 | None | C$40.00 |
| U.S. dollar denominated units (the "USD Units") | XFLI.U | 25,000 | None | US$29.64 |
| Listing category: | Non-Corporate |
| Trading currency – CAD Units: | CDN$ |
| Trading currency – USD Units: | US$ |
| Transaction: | Initial public offering of CAD Units and USD Units (the "Offering") |
| Anticipated closing date: | September 24, 2024 |
| Listing date: | September 25, 2024 (as at 5:01 p.m.) subject to confirmation of closing of the Offering. |
| Posted for trading date: | September 26, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | RBC Dominion Securities Inc. |
| Investor relations: | Steven Leong Director, iShares Canada 416-933-6410 steven.leong@blackrock.com |
| Incorporation: | The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario pursuant to the amended and restated master declaration of trust dated September 16, 2024. |
| Manager and Trustee: | BlackRock Asset Management Canada Limited |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to maximize long-term income by primarily investing in debt and income-producing securities with a secondary objective of capital appreciation. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions: | The ETF expects to pay cash distributions on an monthly basis. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated September 16, 2024 (the "Prospectus"), which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | The USD Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 50,000 CAD Units will be issued at a price of C$40.00 per CAD Unit and 25,000 USD Units will be issued at a price of US$29.64 per USD Unit. The CAD Units and USD Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of CAD Units and USD Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |