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 > Richard Wadworth former co-founder of Bankers now with PNN

<< Previous

Bullboard Posts

Next >>

Comment by wisdompleaseon Jul 14, 2016 11:26pm

97 Views

Post# 25054718

RE:RE:RE:Richard Wadworth former co-founder of Bankers now with PNN

Huge step change in PNN volume this week. Over 4.7 million shares traded today and finally some uptick.

For those who lost on Bankers, here is an opportunity to make up ground starting at ground level in Albania.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing