Symphony Floating Rate Senior Loan Fund

Symphony Floating Rate Senior Loan Fund

November 16, 2011 12:23 ET

Symphony Floating Rate Senior Loan Fund Receives Approval for Normal Course Issuer Bid

TORONTO, ONTARIO--(Marketwire - Nov. 16, 2011) - Symphony Floating Rate Senior Loan Fund (TSX:SSF.UN) has received approval for a normal course issuer bid to purchase up to 357,300 class A units of the Fund representing approximately 10% of the public float of 3,573,200 class A units. The Fund may purchase up to 90,964 class A units in any 30 day period which is 2% of the 4,548,200 issued and outstanding class A units at November 11, 2011.

The units may be purchased for cancellation from November 18, 2011 to November 17, 2012 through the facilities of the TSX or other eligible alternative market and may only be purchased at a price per class A unit not exceeding the last net asset value per class A unit. The Fund believes that such purchases are in its best interest and are a desirable use of its available funds.

For further information, please contact your financial advisor, call our investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website at

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Fund's publicly filed documents which are available from SEDAR at Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.

Contact Information

  • Brompton Funds Limited
    Chris Cullen
    Senior Vice-President