Bullboard - Stock Discussion Forum 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... see more

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TSX:BNK - Post Discussion

Big Banc Split Corp > Geo Jade Financing

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Post by joe9904 on May 17, 2016 2:07pm

Geo Jade Financing

Has there been any updates on the financing or will we just vote blindly and hope the financing will come through.......

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Comment by LongRoad on May 17, 2016 3:23pm

They have received approval to issue 850 million yuan in bonds. About 160 million CAD. The first tranche is being raised now as per documents issued May 18 on SSE. According to the document their credit rating is AA-. The document can be found on the SSE site. Stock ticker 600759 or google search. You can translate with Google translator but it is a very large document.

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Big Banc Split Corp