Blackstone/GSO Strategic Credit Fund Announces Monthly Distributions, Payable on October 31, 2017 and November 30, 2017 Respectively
September 27, 2017 at 04:15 pm EDT
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GSO/Blackstone Debt Funds Management LLC announced the declaration of monthly distributions for Strategic Credit Fund of $0.105 per share, payable on October 31, 2017 and November 30, 2017, with a record date of October 24, 2017 and November 22, 2017 and ex-date of October 23, 2017 and November 21, 2017 respectively.
Blackstone Strategic Credit 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. The Fund will seek to achieve its investment objectives by investing primarily in a diversified portfolio of loans and other fixed income instruments of predominantly United States corporate issuers, including first- and second lien secured loans (Senior Secured Loans) and high yield corporate bonds of varying maturities. Under normal market conditions, at least 80% of its Managed Assets will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics. The Fund's adviser is Blackstone Liquid Credit Strategies LLC.
BLACKSTONE STRATEGIC CREDIT 2027 TERM FUND 
