Strategem Capital Corp. sold 100% of its Canadian ABCP for proceeds of CDN$1,884,993 and bought units in a managed fund that will provide similar exposure to the ABCP market, according to a release from the company.

The sale price represents $0.40 per $1.00 of face value of the MAV 2 A1 notes, and $0.28 per $1.00 for the A2 notes, the release said.

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