GSO /Blackstone Debt Funds Management LLC Announces Monthly Distributions for Blackstone/GSO Strategic Credit 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 Strategic Credit Fund of $0.094 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 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 June 30, 2020, July 31, 2020 and August 31, 2020