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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 > Banana Republic
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Comment by Bankorruptseeon Nov 21, 2015 5:30pm
177 Views
Post# 24312867

RE:RE:Banana Republic

RE:RE:Banana RepublicThat's what I figured. I am confident that the Albs will back it down fast.

Nobody could be so stupid as to let this fester for long.

Whomever it was that wanted to make noise, the noise has been made. So now everything has a price to be paid, and the price to be paid for this little excercise is a bowl of humble pie for supper.

And the Albs will eat it this week.
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