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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

Big Banc Split Corp
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Post by geomeanon Jul 26, 2007 7:19am
295 Views
Post# 13152887

Did they share the data or not?

Did they share the data or not?It's a simple question. I'd be p*ssed too. Now we'll learn if they've hired lawyers that want to run up big bills, or get down to brass tacks out of the box, get the data to them, [if not shared], and get it settled. Should take about a week to resolve if anybody has any sense.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities