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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

Big Banc Split Corp > deadlines
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Comment by braincloudon Jul 21, 2016 9:57am
154 Views
Post# 25071820

RE:deadlines

RE:deadlinesI agree. I think that the volume of forex deals in front of SAFE must be extraordinary. It's just a matter of time, but that time is a moving target, that's the problem. I don't believe that the deal is in jeopardy at all , based on insiders actions. They would know best. I also think that GEO wouldn't have any issues raising the funds either. I think that if you have an opportunity that can give you better than 10% then you sell some to pay for it. If not, then you hang in until its done
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