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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 bmeisteron Apr 07, 2011 10:01am
315 Views
Post# 18398286

RE: RE: BNK Netbacks

RE: RE: BNK Netbacks Keep posting,Rehsifylf,you got my attention! Check my past posts and you will see it is all coming together as planned.This is one company that delivers on what it strategizes. I wonder what our "shorting"buddy analyst or even"schack" is thinking now? We have been given a veritable road map to the end game.glta
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities