OCP Senior Credit Fund (TSX:OSL.UN) announces a share repurchase program. Under the program, the company will repurchase up to 1,206,894 trust units, representing 10% of its issued and outstanding share capital. The trust units purchased will be cancelled. The purpose of the program is to provide the fund with a mechanism to decrease the potential spread between the net asset value per unit and the market price of the trust units and to provide enhanced liquidity for the trust units. The repurchase program has been approved by the Toronto Stock Exchange. The program will run over a maximum period of 12 months commencing on July 18, 2017, and ending on the earlier of July 17, 2018 or on such date as the fund completes its purchase under the Normal Course Issuer Bid or on such date as the fund may otherwise determine. The fund had 12,068,945 trust units issued and outstanding as at July 7, 2016.