OCP Credit Funds Announces Final 2017 Distributions
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
TORONTO, Jan. 9, 2018 /CNW/ - Onex Credit Partners, LLC confirms the regular distributions ("Regular Distributions") and special distribution ("Special Distribution") previously announced on December 18, 2017.
Regular Distributions
The following Regular Distributions will be paid in cash on or before January 15, 2018, to holders of record on December 29, 2017.
Fund |
TSX Symbol |
Confirmed Regular Distribution (per Unit) |
OCP Credit Strategy Fund |
OCS.UN |
$0.175 |
OCP Senior Credit Fund |
OSL.UN |
$0.125 |
Special Distribution
For the Fund listed below, the Special Distribution will be paid on or before January 15, 2018, to holders of record on December 29, 2017. The Special Distribution will be paid by the issuance of units of the Fund, and immediately thereafter, the issued and outstanding capital of the Fund will be consolidated such that the number of issued and outstanding units of the Fund does not change.
Fund |
TSX Symbol |
Confirmed Special Distribution (per Unit) |
OCP Senior Credit Fund |
OSL.UN |
$0.485 |
The actual taxable amounts of all distributions for 2017, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2018.
SOURCE Onex Credit Partners, LLC
please contact the Funds at: Toronto: 647.260.4055, Toll Free: 1.877.260.4055, www.ocpcreditstrategy.com, www.ocpseniorcredit.com
Share this article