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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 16, 2011 7:12pm
464 Views
Post# 18442057

RE: RE: RE: bnn

RE: RE: RE: bnnIt now appears to me that JS is just a legend in his own mind!Can he be that stubborn or is there some sort of vindicativeness there for him to be so obstinate? Really,guys,there are some better analysts on this board than some of the BNN crowd lately. The facts are out there,why be in some sort of denial.JS could be a spoof on the axiom," hell hath no fury greater than an analyst spurned"lol
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Dealroom for high-potential pre-IPO opportunities