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.

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Big Banc Split Corp > dispute

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Comment by wallop13on Jan 12, 2016 5:00pm

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Post# 24451468

RE:RE:RE:dispute

braincloud wrote: Maybe you ought to do some reading first to understand what's what. It doesn't involve a challenge. Please do some research beforehand.

Of course it's a challenge. They're not accepting the ALBS position, are they? I've done plenty of reading. You tell me where it says that the ALBS claim the diluent amount used in 2011 is what they are questioning? I thought the issue was untendered contracts.

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