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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 bmeisteron Apr 01, 2008 8:06pm
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Post# 14928463

warrants

warrantsJust wondering if some knowledgable people on this board could tell me how to determine which of Bankers warrants are for the november close of 2009 and which are for a 3 year term. I can't tell looking at their website . One is bnk.wt. and the other is bnk.wt.A  .Related query,supplementary, are warrants a good idea for this stock? I trade online so I am my own broker I guess. Any help is appreciated.
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