Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

CI Master Limited Partnership announces annual distribution to limited partners

T.CIX

TSX Symbol:  CIP.UN 

TORONTO, Dec. 19, 2013 /CNW/ - CI Master Limited Partnership announced today its annual distribution to limited partners.

   
Rate:      $0.02 per limited partnership unit
   
Payable Date:     January 15, 2014
   
Record Date:     December 31, 2013
   

Additionally, CI Master Limited Partnership advises that three of the underlying partnership distribution agreements within the limited partnership will be terminating on December 31, 2013 and this will reduce the value of the Distributed Securities upon which CI Master Limited Partnership earns revenue by approximately 40%.  This will reduce revenues within the limited partnership to a level below that of its operating expenses. Its General Partner, CI GP Limited, is contemplating the dissolution of CI Master Limited Partnership in early 2014 pursuant to the provisions of the Limited Partnership Agreement.

SOURCE CI Investments Inc.

Douglas J. Jamieson
Senior Vice-President and Chief Financial Officer
CI GP Limited
Tel. No.:  (416) 364-1145

Copyright CNW Group 2013


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today