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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 12, 2011 1:20pm
312 Views
Post# 18419838

RE: RE: RE: Same old game

RE: RE: RE: Same old gameThe pied piper spoke and all the lemmings followed as usual.It would be interesting to see the shorting thar goldman-s did today and see how much money their mm's made today on the backs of the lemmings!! Things just don't change,do they.It's almost as if some people can't stand prosperity.Parasitic investment bank should be new name.IMO
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities