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Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

Financial Services Asset Management
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... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > for those that would like to read
View:
Post by braincloud on Feb 10, 2016 12:07pm

for those that would like to read

https://www.bis.org/publ/qtrpdf/r_qt1503f.pdf Here is a real interesting piece that attempts to relate the current environment with respect to oil debt. It's a great piece to take with you when you're going for a dump.
Comment by LordIskander on Feb 10, 2016 1:30pm
Great stuff: so asset sales are neutral to the oil price, lower capex means price increase down the road, but the wild card is their frigging debt and their increased propensity to hedge production that comes with it? So they keep producing to pay interest/coupons, and they keep hedging at lower prices just to get some revenue stability. Not to mention state owned firms in Russia/Brazil ...more  
Big Banc Split Corp