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Bullboard - Stock Discussion Forum 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... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > This deal was negotiated when oil was in the 20's
View:
Post by MrBigger on Apr 18, 2016 7:46am

This deal was negotiated when oil was in the 20's

do not forget that.
Comment by Boomerthecount1 on Apr 18, 2016 8:13am
this deal has been close in US dollars. Did the rise in Canadian dolar change the biomechanics of the deal? Any opinion ? 
Comment by dubsbs on Apr 18, 2016 8:50am
C$575 mill-----the deal was done in canadian dollars and then coverted to us for transparency..... Not in US $ then converted to C$ which is so often the case.
Big Banc Split Corp
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