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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 dietryingon Jan 02, 2013 4:21pm
282 Views
Post# 20790192

Dear Abby,

Dear Abby,

Sorry to bother you again so soon after I wrote you last time, and it's not because my best friend's husband is cheating on her again. Lately the tupperware ladies are getting downright antsy and the NHLlockout is not helping. The husbands are literally having testosterone spewing out of their ears. It's time for you to hold a group-hug therapy session again, the sooner the better.

Bullboard Posts