Blackstone / GSO Strategic Credit Fund Declares Special Distribution, Payable January 31, 2017
December 12, 2016 at 11:50 am EST
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Blackstone /GSO Strategic Credit Fund announced a special distribution of $0.084 per common share, payable January 31, 2017. The Fund anticipates this special distribution will be paid from ordinary income. This distribution is in addition to the Fund’s regular distribution of $0.105 per common share, which is also payable January 31, 2017 to shareholders of record on December 30, 2016. Ex-Date: December 28, 2016. This special distribution is payable in 2017 but will be treated as having been paid by the Fund and received by shareholders as of December 30, 2016.
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 
