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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 braincloudon Apr 12, 2016 9:36am
154 Views
Post# 24755766

RE:Time to reflect..

RE:Time to reflect..I hope you feel better Herr Himmler. I agree with all of what you said. All this posturing about "what if's" and other's stroking there peckers about how smart they were is all too much to bear. The Chinese are more closely aligned with the Albanians so maybe they feel comfortable that they will work well together. I think this deal goes through, not because I know anything specifically , but more that actions speak louder than words. They bought stock so I'm pretty sure THEY are VERY sure the deal goes through. Anybody else posturing about it is all guess work and bullsheit. This deal doesn't go through all these goofballs will complain the stock is lower.
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