Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
CanBanc 8 Income Corp. Files Final Prospectus

TORONTO, ONTARIO -- (Marketwire) -- 11/27/12 -- CanBanc 8 Income Corp. (the "Company") announces that it has filed a final prospectus dated November 27, 2012 with the securities regulatory authorities of each of the Canadian provinces and territories for an initial public offering of up to 10 million equity shares (the "Shares") at a price of $10 per Share, for a maximum offering size of $100 million. The offering is scheduled to close on December 19, 2012. The Toronto Stock Exchange ("TSX") has conditionally approved the listing of the Shares under the symbol CBF, subject to the fulfillment of TSX requirements.

The Company will invest in a portfolio (the "Portfolio") of common shares (the "Portfolio Shares") of the eight largest Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; Canadian Western Bank; Laurentian Bank of Canada; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank (each, a "Bank", and collectively, the "Banks") on a market capitalization weighted basis. First Asset Investment Management Inc. (the "Manager" or "First Asset") intends each month to sell call options on approximately, and not more than, 25% of the common shares of each Bank held in the Portfolio in order to seek to earn attractive tax effective income from dividends and call option premiums, lower the overall volatility of returns associated with owning a portfolio of common shares of the Banks, and to generate capital appreciation for holders of Shares (the "Shareholders").

The objectives of the Company are to provide Shareholders with:

(a) quarterly distributions;

(b) the opportunity for capital appreciation; and

(c) lower overall volatility of Portfolio returns than would be experienced by owning a portfolio of common shares of the Banks directly.

The Company will not have a fixed distribution, but intends to set periodic distribution targets. Based on the Manager's current estimates, the initial distribution target for the Company is expected to be $0.15 per quarter ($0.60 per annum to yield 6.0% on the subscription price of $10 per Share).

First Asset is a Canadian wealth management company that manages and administers approximately $2.6 billion in assets.

The syndicate of agents for this offering is being led by CIBC, co-led by National Bank Financial Inc. and RBC Capital Markets, and includes BMO Capital Markets, Scotiabank, TD Securities Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Dundee Securities Ltd., Macquarie Private Wealth Inc. and Manulife Securities Incorporated.

Contacts:
First Asset
Rob MacNiven
Investor Relations
416-642-1289 or 1-877-642-1289
www.firstasset.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any ot...
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his s...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware ...
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices a...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE