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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 Whitehellon Jul 25, 2013 9:50am
177 Views
Post# 21629443

RE:Exit fast!!! Market set to open lower Thursday

RE:Exit fast!!! Market set to open lower Thursdayyou're so clueless... two post down ; it's : "MAke your way in, lots of money to be made, big bid at 3.20 $ (which anyway open lower than that)... and then, you post like 10 seconds later a post saying : "Flee the market ! we're all going to die !". Seriously, keep you "super usefull" insight, it's not even worth the 0,02 $...
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Dealroom for high-potential pre-IPO opportunities