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 > SAFE Approval

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Comment by braincloudon Jul 25, 2016 10:04pm

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Post# 25083590

RE:RE:RE:RE:RE:SAFE Approval

How do you know what is "typical"? What possible reason could they have to delay this paltry deal? You must have some knowledge that you're not sharing either that or it's pure speculation on your part . My suggestion is you either sell, sell short or shut up. There's no point trying to fuel a fire with hot air once the embers have turned cold. SAFE is a black hole in a sea of Chinese bureaucrats . My bet is that the deal gets done.... One day soon

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FE Battery Metals begins 2024 winter drill program