M&A / Property

Symphony Floating Rate Senior Loan Fund Completes Merger With Brompton Wellington Square Investment Grade CLO ETF

By The Northwire Desk — AI Analysis Jan 13, 2026 · 15:49 BBBB · 19.8 BROMPTON WELLINGTON SQRE INVSTMNT GRD CL

BBBB · Price

Brompton Funds Limited completed the merger of Symphony Floating Rate Senior Loan Fund (SSF) into the Brompton Wellington Square Investment Grade CLO ETF (BBBB), effective January 13, 2026.
The exchange ratios were set based on net asset values as of January 12, 2026: 0.329946 BBBB CAD units per SSF Class A unit and 0.322950 BBBB USD units per SSF Class U unit.
Post‑merger, BBBB’s CAD and USD units will continue trading on the Toronto Stock Exchange under the symbols “BBBB” and “BBBB.U”.

Merger Approval: Approved by a special meeting of SSF unitholders on November 17, 2025.
NAV at Merger Date (Jan 12, 2026):
SSF – Class A: $6.51718 per unit (CAD)
SSF – Class U: $6.41486 per unit (USD)
BBBB – CAD unit: $19.75225 per unit
BBBB – USD unit: $19.86331 per unit
Exchange Ratios:
0.329946 BBBB CAD units for each SSF Class A unit
0.322950 BBBB USD units for each SSF Class U unit
Unitholder Action: No action required by SSF unitholders to become BBBB unitholders.
Trading Continuity: BBBB’s CAD and USD units will remain listed on the TSX under “BBBB” and “BBBB.U”.

(No direct quotes were provided in the release.)

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