Bayshore Floating Rate Senior Loan Fund Announces Normal Course Issuer Bid.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Bayshore Floating Rate Senior Loan Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BIF BIF In currencies, this is the abbreviation for the Burundi Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .UN) (the "Trust") announced today that the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. has accepted the Trust's Notice of Intention to make a normal course issuer bid. The Trust will have the right to purchase under the bid up to a maximum of 847,342 units (representing approximately 10% of the Trust's public float) commencing January 24, 2006. As at January 18, 2006 there were 8,509,182 units of the Trust issued and outstanding. Purchases made pursuant to the normal course issuer bid will be made in the open market through the facilities of the Toronto Stock Exchange. The normal course issuer bid will remain in effect until the earlier of January 23, 2007, the termination of the bid by the Trust or the Trust purchasing the maximum number of units permitted under the bid. The Trust has not purchased any Units during the twelve months preceding the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" pursuant to any issuer bid. Units purchased by the Trust pursuant to the issuer bid will be cancelled. Management and directors of the trustee and manager of the Trust, Bayshore Asset Management Inc., believe that units of the Trust may become available during the proposed purchase period at prices which would make such purchases in the best interests of the Trust and its unitholders. Bayshore Floating Rate Senior Loan Fund (TSX:BIF.UN) |
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