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 > profit tax

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Comment by braincloudon Jan 21, 2016 12:24pm

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Post# 24480824

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:profit tax

Ya right, Whatever. I don't want or need to persuade you and I'm growing weary. I give up You're right, they will pay $57 million plus 11% Royalty plus their capex plus re-negotiate the Petroleum Contract. DO I have that just about Right? I've put my hand up to participate in the new issue coming cuz they gonna need to raise money if you are correct. I think the ALBS will privatize the field and BNK will walk away and move all their sheit to Hungary. uh huh You can think whatever the eff you think , I just don't give a sheit. Why the eff you moved your posting to the BNK blog from PMI is beyond me man.

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The investment impact of the U.S. 25% tariff on Canadian imports