Oct 20 (Reuters) - Partners Value Split Corp PVS_pa.TO :
* Announces $100,000,000 public offering of class aa preferred shares, series 7
* Says has entered into an agreement to sell 4 million class aa preferred
shares, series 7 to a syndicate of underwriters
* Says series 7 preferred shares will be issued at a price of $25 per share,
for gross proceeds of $100 million
* Net proceeds of offering will be used to redeem company's outstanding class
aa preferred shares, series 1
* Net proceeds of offering will also be used to pay special dividend to holders of the company's capital shares
* Source text for Eikon ID:nCCN4wsfMT
* Further company coverage PVS_pa.TO