Chenavari Toro Income Fund Limited announces a share repurchase program. Under the offer, the company will repurchase up to 5% of its issued share capital. The shares will be repurchased at a price equal to 85% of the NAV as per December 31, 2018. The shares repurchased will be held as treasury shares. The offer will be funded from the company's existing cash resources. The offer is subject to shareholder approval at an Extraordinary General Meeting to be held on February 13, 2018. The record date to participate in the offer is February 12, 2018. The offer will expire on February 12, 2018. J.P. Morgan Cazenove acted as broker to the company.