TORONTO, December 3, 2021 /CNW/ – Lysander Funds Limited announces estimated special distributions for each class of units of Canso Credit Income Fund ( the “Fund”) (TSX: PBY.UN) as follows:

Estimated Special Distribution

Based on information prepared as of October 29, 2021, the Fund estimates paying an additional distribution (“Special Distribution”) in respect of each class of units as follows:

  • Class A units: $0.95580 /unit
  • Class F units: $0.96866 /unit

The estimated Special Distribution will be payable on December 31, 2021 to unitholders of record as of December 31, 2021. The estimated Special Distribution will be paid on or about January 4, 2022.

The estimated Special Distribution will be paid by the issuance of the same class of units of the Fund, and immediately thereafter, each class of issued and outstanding units of the Fund will be consolidated such that the number of issued and outstanding units of each class of the Fund will not change.

The final amount of the Special Distribution will be announced as soon as it is finalized. The actual taxable amounts of all distributions for 2021, including the tax characteristics of the monthly cash and Special Distributions, will be reported to investment dealers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2022.

For further information contact: Lysander Funds Limited, Richard Usher-Jones, President, (905) 881-8853.