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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Post by cheapinskion Jun 25, 2012 1:08am

298 Views

Post# 20050115

for tomorrow......

FYI....

GLOBAL MARKETS-Asian shares ease as growth fears persist
Reuters
* MSCI Asia ex-Japan down 0.8 pct, Nikkei eases 0.1 pct * Euro eases to around $1.2535 * Brent crude edges back above $91 a barrel, copper up 1 pct * Mining shares, Aussie dollar lose ground By Alex Richardson SINGAPORE, June 25 (Reuters) - Asian ...

good luck folks.....its been a rocky road, has it not!

regards, cheapie

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