M&A / Property
Brompton Wellington Square closes merger with Symphony

BBBB · Price
Executive Summary
- Symphony Floating Rate Senior Loan Fund (“SSF”) has completed its merger into Brompton Wellington Square Investment Grade CLO ETF (“BBBB”), effective January 13, 2026.
- The merger was approved by SSF unitholders at a special meeting on November 17, 2025 and executed using exchange ratios based on the relative net asset values of the respective units as of January 12, 2026.
- Unitholders of SSF automatically become unitholders of BBBB; no action is required, and BBBB’s Canadian‑dollar and U.S.‑dollar units will continue trading on the Toronto Stock Exchange under symbols BBBB and BBBB.U.
Key Details
- Merger Approval: Special meeting of SSF unitholders held 17 Nov 2025 approved the merger.
- Effective Date: The merger became effective on 13 Jan 2026.
- Exchange Ratios: Determined based on net asset value (NAV) per unit of SSF’s Class A and Class U units versus BBBB’s Canadian‑dollar and U.S.‑dollar units as of close of business on 12 Jan 2026.
- Unit Conversion: Unitholders of SSF will be automatically converted to BBBB units; no action required by investors.
- Trading Symbols Post‑Merger: BBBB (Canadian‑dollar) and BBBB.U (U.S.‑dollar) will continue to trade on the Toronto Stock Exchange.
- Safe Harbor Statement: The release includes a standard safe‑harbor disclaimer.
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Jan 13, 2026 · 15:49