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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

Comment by bmeister2on Nov 30, 2015 11:19am
190 Views
Post# 24338398

RE:RE:RE:TD comment

RE:RE:RE:TD comment
Thepoblem is that when you are dealing with this bully tactic,it sometimes comes down to who will blink first, though in my day we had the chip on the shoulder to knock off, and many of us are getting creamed while we wait . Are their other appeal bodies besides ICC to complain to,I wonder? I hope French reverses the threat and gets this out in all the European papers so as to keep these gang of Sholtzes in check. ( re: Hogans Heroes) I too added mid $ 2's
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