|By PR Newswire||
|August 31, 2012 05:09 PM EDT||
MONTREAL, Aug. 31, 2012 /CNW Telbec/ - Global Diversified Investment Grade Income Trust ("DG.UN") ("Global DIGIT") declares that 3,157,169 units, representing approximately 54% of the outstanding units of Global DIGIT, have been tendered for redemption pursuant to the enhanced 2012 annual redemption privilege. Global DIGIT will redeem the units so tendered at the unwind price of $6.40 and payment will be made on September 17, 2012.
About Global DIGIT
Global DIGIT provides an economic interest in a mezzanine tranche of credit default swap agreements in respect of portfolios of synthetic corporate exposures, mortgage-backed securities, asset-backed securities and structured finance securities.
SOURCE GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST