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