First Asset Global Infrastructure Fund
TSX : FAI.UN

First Asset Global Infrastructure Fund
First Asset

First Asset

December 30, 2009 09:00 ET

First Asset Global Infrastructure Fund Announces Completion of Merger

TORONTO, ONTARIO--(Marketwire - Dec. 30, 2009) - First Asset Global Infrastructure Fund (TSX:FAI.UN) ("Global Infrastructure Fund") announces the completion of its merger with Criterion Water Infrastructure Fund (the "Water Infrastructure Fund").

Each issued and outstanding unit of Global Infrastructure Fund received 0.95348 Class D Units of the Water Infrastructure Fund in connection with the merger.

The exchange ratio was determined by dividing (i) the net asset value per unit of Global Infrastructure Fund as at the close of business on December 29, 2009 (i.e. $6.23380 per Unit) by (ii) net asset value per Class D unit of the Water Infrastructure Fund as at the close of business on December 29, 2009 (i.e. $6.53792 per Unit).

Contact Information

  • First Asset
    Robert MacNiven
    Investor Relations
    416-642-1289 or 1-877-642-1289
    www.firstasset.com