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.

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Canadian Banc Corp > UK debt reaches 100% of GDP

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Comment by flamingogoldon Sep 25, 2024 6:19pm

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Post# 36241153

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:UK debt reaches 100% of GDP

When rates fell to their lowest in generations how wise was it for people to gorge on debt thinking rates would never rise again? They need to own that mistake. As investors, if we buy a stock and it drops we lose. No smypathy for us. We own it. Same should hold true for those in debt.