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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...
. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.
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TSX:BNK - Post Discussion
Big Banc Split Corp
> Conundrum
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QUANTUMJUMP
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Post by
QUANTUMJUMP
on Aug 30, 2016 9:50pm
Conundrum
A guy who posts give me my F'cking money for several months
A company that makes an amendment in a contract to include no SAFE approval BNK keeps the $20m USD which is in an escrow acct in Canada
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