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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 seasick1on Dec 01, 2015 12:05am
195 Views
Post# 24341379

Wait a minute Mr PM.... didn't you say enhance cooperation

Wait a minute Mr PM.... didn't you say enhance cooperation

Albpetrol Sh.A. Key Developments

Government To Privatize Stake In Albpetrol

Albanian government is planning to sell Albpetrol Sh.A., Edi Rama, Prime Minister of Albanian said that on March 17, 2015. "We are all aware of the importance the energy industry has in the program of the government as one of the most important resource of the economic development of Albania," stated Rama. Rama announced that 2015 will be the year for Albpetrol's final privatization process. "We aim to enhance the cooperation between the government and foreign investors and appeal for further investments in Albania," he said


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