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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

Comment by gibbonsjon Aug 25, 2016 9:22pm
84 Views
Post# 25178611

RE:RE:RE:RE:RE:RE:Some people wanted to shake the weak hand out

RE:RE:RE:RE:RE:RE:Some people wanted to shake the weak hand outeverything about SAFE is conjecture because we know absolutely nothing about the nature of the hold up. Ommision by error or a devious otherwise? If we`re left to fill in the blanks about a critical matter it usually means there is hair on it. We all need to start using Alberto V05. It revitalizes the hair and gives it a little wave. You have to remember the Beatles on Ed Sullivan to appreciate that bit of humour. https://www.youtube.com/watch?v=It3Cctk6BRs
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