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 > Anyone talked to IR lately?

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Comment by lefmikeon Feb 05, 2016 12:29pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone talked to IR lately?

Irregardless is NOT a word, it would be regardless.... Just FYI. I understand what you are saying there IFT, I really do but you need to maybe understand that many of us have been losing so much money and have been in touch with the company for so long and so often we provide everything we get which isn't much. BC and many others, myself included get touchy, nothing personal. Hey BC was that a nice response or what?

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