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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

Bullboard Posts
Post by Iran150on Mar 26, 2012 1:34pm
375 Views
Post# 19718543

BNK 2012 $$$126 Brent

BNK 2012 $$$126 Brent

Bankers petroleum producing more oil in fact, The Patos-Marinza oilfield is located in south central Albania, approximately 20 kilometres inland from the Adriatic coast. In terms of original oil in place, Patos Marinza is one of the largest onshore oilfields in continental Europe. The field, which encompasses approximately 44,000 acres, was originally discovered in 1928 and placed on production in the 1930s. Over 2,500 wells were drilled and production peaked at 13,000 bopd in the early 1960s.

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