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 > U.S. shale's message for OPEC: above $40, we are coming back

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Comment by braincloudon Mar 02, 2016 9:07am

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Post# 24612018

RE:RE:RE:U.S. shale's message for OPEC: above $40, we are coming back

Listen MYDOGSHEiT, if oil prices stay low Whiting will die. Have you looked at their balance sheet??? Each to his own devices. You pick your own poison because that's what makes a market. As for my posting, I do it for my own amusement. If you find value in the BNK Pete post then good for you! Yes you are correct If oil goes up then the likes of Whiting will go up. IF is a little word with a big meaning. You can conjure up any image you want of me because I don't waste my time wondering. Your contributions are akin to your name DOGSHEIT! Crawl back into your cave in the mountain! Idiot!

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