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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

Canadian Banc Corp
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Post by deisman03on Mar 06, 2024 6:48pm
124 Views
Post# 35919303

Re BK does not hold NYCB

Re BK does not hold NYCBDon't be so naiive. 

Just because BK doesn't hold NYCB, doesn't mean some of the banks they do have don't. 

Not only that if you think "emotion and sentiment" don't cross over?????

GLTA the good folks here. 
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