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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 LordIskanderon Dec 02, 2015 1:41pm
103 Views
Post# 24347248

RE:RE:exerp from the Parliamentary Committee discussion on BNK

RE:RE:exerp from the Parliamentary Committee discussion on BNK
lefmike wrote:  ALB is not a signatory to any Canadian trade deal I found out...  They have only agreed in principle  nothing legally binding.

 

Are we sure about the FIPA thing? Robert Baines in Ottawa should be the go to man to ask for info.
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