GSO / Blackstone Debt Funds Management LLC Announces Monthly Distributions for Blackstone / GSO Strategic Credit Fund, Payable on December 31, 2019, January 31, 2020 and February 28, 2020
December 10, 2019 at 05:33 pm EST
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GSO /Blackstone Debt Funds Management LLC, an affiliate of GSO Capital Partners LP announced monthly distributions for Blackstone /GSO Strategic Credit Fund of $0.105 per share. Ex-dates are December 20, 2019, December 30, 2019 and February 20, 2020. Record dates are December 23, 2019, December 31, 2019 and February 21, 2020. Payable dates are December 31, 2019, January 31, 2020 and February 28, 2020.
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.
GSO / Blackstone Debt Funds Management LLC Announces Monthly Distributions for Blackstone / GSO Strategic Credit Fund, Payable on December 31, 2019, January 31, 2020 and February 28, 2020