On February 27, 2025, Partners Value Split Corp. announced a C$200 million offering of 8,000,000 Class AA Preferred Shares, Series 15 at C$25.00 per share, with a 5.15% annual yield. The offering closed on March 5, 2025, and proceeds will fund a special dividend on Capital Shares. The TSX conditionally approved the listing. The shares are redeemable on March 31, 2031, at C$25.00 plus accrued dividends or Net Asset Value per Unit and can be retracted for Series 13 Debentures instead of cash.

The offering was underwritten by Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., TD Securities Inc., National Bank Financial Inc., Desjardins Securities Inc., iA Private Wealth Inc., Manulife Wealth Inc., Raymond James Ltd., and Canaccord Genuity Corp. Legal counsel was provided by Torys LLP for the company and Osler, Hoskin & Harcourt LLP for the underwriters. The shares received a Pfd-2 rating from DBRS Limited, indicating good credit quality.