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Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.PR.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.


TSX:BK - Post by User

Post by EdPaquetteon Mar 17, 2023 10:15am
182 Views
Post# 35344763

That sinking feeling

That sinking feeling Been trying to put my finger on why this feels like March 2020.  It's the futures sliding every morning, even if they were up the night before. Quadravest navs will be published this evening and some Jaws will drop, especially for FFN. I'm thinking the market's probably not going up until Halloween. 
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