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Exchange Bulletin

June 2021 Investment Grade Bond Pool (RBP.UN) To Trade On Toronto Stock Exchange

March 20, 2017

Issuer: June 2021 Investment Grade Bond Pool (the "Fund")

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class T units (the "Units") RBP.UN 48171V 11 1 7,500,000 1,125,000 $10.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: March 21, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: March 22, 2017
Posted for trading date: March 22, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Temporary market maker: National Bank Financial Inc.
Security ownership registration: CDS book-entry system
Investor relations: Dan Rubin
(416) 583-3853  

- OR –

Scott Bartholomew
Chief Financial Officer
(416) 583-3857 
Incorporation: An investment fund established as a trust under the laws of the Province of Ontario pursuant to a declaration of trust dated as of February 24, 2017.
Manager and Trustee: Redwood Asset Management Inc. (the "Manager")
Fiscal year end: December 31
Nature of business: The Fund's investment objectives are to (i) return to holders of Units ("Unitholders"), including through Principal Distributions, the original issue price of $10.00 per Unit on or before June 30, 2021; (ii) generate over the term of the Fund an annual average total return after fees and expenses of 3.55% for investors in the initial public offering who purchased Class T Units, by investing primarily in debt securities of Canadian and U.S. companies.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Conversion of Class A Units into Class T Units: Holders of unlisted Class A units may convert Class A units into Class T units on a weekly basis.
Distributions Expected quarterly cash distributions. The initial Target Distribution Amount is $0.0887 per Class T unit (corresponding to an annualized distribution of $0.355 per Class T unit per annum and representing an annualized yield of 3.55% per annum based on the original subscription price of $10.00 per Class T unit).
Sponsorship: Not applicable
Disclosure document: Prospectus dated February 24, 2017 which is available at Capitalized terms not otherwise defined herein are as defined in the Disclosure document.
Initial public offering: Pursuant to the terms of the Prospectus, up to a maximum of 8,625,000 Class T units and/or unlisted Class A Units (including the overallotment option of 1,125,000 Class T units) at a price of $10.00 per Class T unit and $10.00 per Class A unit are being offered to the public.
TSX contact: Julie Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.