Canadian National Stock Exchange Lists Record IPO
TORONTO – April 4, 2011 – CNSX Markets Inc. today announced that the Brookfield New Horizon Income Fund has successfully listed on the Canadian National Stock Exchange (CNSX) having raised $130 million, a record for an IPO on CNSX.
The Brookfield New Horizon Income Fund is managed by Brookfield Investment Management (Canada) Inc. (a subsidiary of Brookfield Asset Management Inc). The Fund has been created to obtain exposure to a portfolio which will focus on, but not be limited to, investments in high yield corporate debt, and publicly-listed securities in infrastructure and real estate companies, across a global universe. It is listed under the stock symbol BIF.UN.
“This is the largest IPO on CNSX to date”, noted William Woods, Managing Director – Listed Market. “CNSX is the ideal exchange to list investment funds, structured products and debt securities because it has a streamlined listing process, with product specific listing policies designed to attract funds like this Brookfield fund, and the lowest listing fees in Canada”, he added.
For more information about listing on CNSX, please contact:
P: 416-572-2000 x2349
CNSX Markets Inc.
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