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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 > SAFE Approval
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Comment by ANONYM0USon Jul 26, 2016 2:40pm
167 Views
Post# 25085762

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SAFE Approval
braincloud wrote: "I asked a few analysts and they all pretty much agreed."..." From my sources there's nothing to suggest that the SAFE nor the financing is in jeopardy."..... "But what do I know...right?"


Be careful what you listen to with this guy. Nobody talks to analysts and if he did, who were they? And what are his sources. He blows air and says nothing confirmable... Just sayin'
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