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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Big Banc Split Corp
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Post by dbeaudeon Nov 21, 2015 5:22pm
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Post# 24312856

Calling General Wesley Clark

Calling General Wesley ClarkMaybe General Clark as the former Supreme Commander of Nato call talk the Albanian government down. They are sending a very bad message to the international investment community. Why are they not at least not waiting until the results of the arbitration process? This confounds me. I thought according to Bankers management that they had agreement with the Albanian government that they would use arbitration. With just a few weeks remaining in the process they take drastic measures. The Albanian government is setting a very bad precedent! !!!
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