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.

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Big Banc Split Corp > Saudi Arabia

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Comment by bmeister2on Dec 29, 2015 10:18am

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RE:RE:Saudi Arabia

I hope those suckers get a taste of their own medicine and feel the wrath of their citizens when taxes go up along with costs as people realize what they have done by maintaining super low prices. I blame the Americans just as much for supporting their regime who are known to be bankrolling a lot of terrorism for years, such as Bin laden,etc. North America should have our own pricing scheme and could be self sufficient quickly with all the shale and Canadian production if Keystone were approved. Forget those middle east users, let them sink in their own corruption. imo

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