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 > Tick tock

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Comment by Tourist9394on Aug 31, 2016 7:40pm

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Post# 25197468

RE:RE:RE:RE:Tick tock

I don't see how Chinese are having second thoughts about drilling oil in Albania. PRC and Albania have the best diplomatic relationship in all of Eastern Europe, this is a strategic asset for them. How can they let this deal go dead? This is a very logical deal because Canadian oil corporation are having tax issues aka tax grab with totalitarian states such as Ecuador (canacol), Cuba(sherritt) and BNK. China have the technology for neo-colonialism now, much like British in the Opium war.

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