Brief: LOGiQ says it intends to complete merger of Voya High Income Floating Rate Fund, VOYA Floating Rate Senior Loan Fund

Flow Capital

05/07/2017 01:48

July 4 (Reuters) - LOGiQ Asset Management - 
    * Update regarding merger of Voya High Income Floating Rate 
Fund and Voya floating rate senior loan fund and corresponding 
ISL loan trust wind up 
    * Intends to complete merger of Voya High Income Floating 
Rate Fund and VOYA floating rate senior loan fund 
    * Merger would result in Voya Floating Rate Senior Loan Fund 
being continuing fund 
    * As part of merger, manager also announced intention to 
terminate ISL loan trust so that portfolio will be held directly 
by continuing fund 
    * Continuing fund currently gains exposure to a portfolio 
held by ISL loan trust 
 
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