GSO /Blackstone Debt Funds Management LLC Announces Monthly Distributions for Blackstone / GSO Long-Short Credit Income Fund, Payable on June 30, 2020, July 31, 2020 and August 31, 2020
June 09, 2020 at 06:45 am EDT
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GSO /Blackstone Debt Funds Management LLC, an affiliate of GSO Capital Partners LP announced monthly distributions for Blackstone /GSO Long-Short Credit Income Fund of $0.100 per share. Ex-dates are June 22, 2020, July 23, 2020 and August 21, 2020. Record dates are June 23, 2020, July 24, 2020 and August 24, 2020. Payable dates are June 30, 2020, July 31, 2020 and August 31, 2020.
Blackstone Long-Short Credit Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund will take long positions in investments which it believes offer the potential for attractive returns under various economic and interest rate environments. BGX may also take short positions in investments which it believes will underperform due to a greater sensitivity to earnings growth of the issuer, default risk or the general level and direction of interest rates. It must hold no less than 70% of its Managed Assets in first and second lien secured loans (Secured Loans) but may also invest in unsecured loans and high-yield bonds. The Fund invests in various sectors, which include aerospace and defense, auto components, beverages, building products, and others. Blackstone Liquid Credit Strategies LLC serves as an investment advisor for the Fund.
GSO /Blackstone Debt Funds Management LLC Announces Monthly Distributions for Blackstone / GSO Long-Short Credit Income Fund, Payable on June 30, 2020, July 31, 2020 and August 31, 2020