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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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Comment by Roymurphyon Apr 09, 2010 5:32pm
694 Views
Post# 16976454

RE: BNN speaks to Doug Urch, CFO, Bankers Petroleu

RE: BNN speaks to Doug Urch, CFO, Bankers Petroleu 
To the King of D, thank you very much for taking the time to post the link to Bankers Petroleum's Doug Urch interview with Andrew Bell !! It was very informative, and I enjoyed the presentation very much. I've been holding BNK.Wts for a few years and my patience has paid off handsomely. On behalf of BNK share holders, thanks once again, Roy.
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