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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

Post by flintabatteyon Nov 30, 2015 5:26pm
274 Views
Post# 24340158

CURTIS LLP engaged to assist in arbitration

CURTIS LLP engaged to assist in arbitrationI did a google translation of the Albanian news announcing Curtis LLP being engaged to help the Albs with the arbitration.... talk about inflammatory language to get their people on side in the matter. "Albpetrol 'gets a trial attorney with the American Bankers'' Published in 15:05, 30 November 2015 from Syri.net Society has selected Albpetrol American law firm Curtis, Mallet-Prevost, Colt & Mosle LLP to represent it in the matter of international arbitration initiated by the company Bankers Petroleum Albania Ltd. Conflict between companies born after Albpetrol not recognized Bankers Petroleum, spending $ 220 million. Based on the report of Albpetrol, Bankers tax administration owed a payment of 57 million dollars. After taxes blocked accounts of Bankers Petroleum, the latter took the matter to the International Court of Arbitration. Bankers Petroleum exploits concession Patos Marinza areas. This company operates in our country since 2014.
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