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

Big Banc Split Corp > My 'dung heap' (TM Braincloud)

<< Previous

Bullboard Posts

Next >>

Comment by LordIskanderon Apr 20, 2016 3:17pm

85 Views

Post# 24790364

RE:My 'dung heap' (TM Braincloud)

This is a better link of De Gouveia's illustrious career. It also speaks volumes of the dung heap that the entire TSX Venture as a market is.

https://www.canlii.org/en/ab/absec/doc/2013/2013abasc106/2013abasc106.html?searchUrlHash=AAAAAQAMImRlIGdvdXZlaWEiAAAAAAE&resultIndex=9

<< Previous

Bullboard Posts

Next >>

Visionstate set to leverage success in the U.S. market