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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 > What has happened this media and quotes from both parties?
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Comment by bmeister2on Nov 21, 2015 7:15am
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Post# 24311868

RE:RE:RE:What has happened this media and quotes from both parties?

RE:RE:RE:What has happened this media and quotes from both parties?Have a good weekend, buddy.. One of my main concerns is the long term relationship that had existed between BNK and these weasels. How will it be going forward and could this affect any third party looking to take a run at bankers at some point,which is likely all of our hopes.who would want to operate in this banana republic with uncertainty of the rule of law being at the forefront. This has got to be solved quickly, and cleanly without any hangovers. Imo
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