Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

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 LordIskanderon Jun 24, 2014 12:24pm

336 Views

Post# 22689726

RE:BNK Article on Bloomberg today...

Its is quite curious to watch this fellow. Following him at Petromanas as well I realized that there is a coterie of Bill Clinton's inner circle (including billionarie Frank Giustra) that is somehow linked to the International Crisis Group (an NGO) and these guys are following each other everywhere.

Bill Clinton got Giustra involved in resources and he aint doing too shabby.

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