GSO / Blackstone Debt Funds Management LLC, wholly-owned subsidiary of
GSO Capital Partners LP (‘‘GSO’’), announced the declaration of monthly
distributions for its three closed-end funds (the “Funds”). GSO is one
of the world’s largest credit-oriented alternative asset managers, with
a focus on delivering attractive risk-adjusted returns and capital
preservation for its clients.
The Funds’ monthly distributions are listed below. The following dates
apply to today’s distribution declarations for these Funds:
|
Ex-Date: June 19, 2015
|
|
Record Date: June 23, 2015
|
|
Payable Date: June 30, 2015
|
|
|
|
Ex-Date: July 22, 2015
|
|
Record Date: July 24, 2015
|
|
Payable Date: July 31, 2015
|
|
|
|
Ex-Date: August 20, 2015
|
|
Record Date: August 24, 2015
|
|
Payable Date: August 31, 2015
|
|
|
|
Ex-Date: September 21, 2015
|
|
Record Date: September 23, 2015
|
|
Payable Date: September 30, 2015
|
|
|
|
|
|
|
|
|
|
Monthly Distribution Per Share
|
|
|
Ticker
|
|
|
Fund
|
|
|
Amount
|
|
|
Change from
Previous Month
|
|
|
BGB
|
|
|
Strategic Credit Fund
|
|
|
$ 0.105
|
|
|
-
|
|
|
BGX
|
|
|
Long-Short Credit Income Fund
|
|
|
$ 0.098
|
|
|
-
|
|
|
BSL
|
|
|
Senior Floating Rate Term Fund
|
|
|
$ 0.090
|
|
|
-
|
|
The Funds seek to pay distributions at rates that reflect net investment
income actually earned and projected future income.
A portion of each distribution may be treated as paid from sources other
than net investment income, including but not limited to short-term
capital gain, long-term capital gain or return of capital. The final
determination of the source and tax characteristics of these
distributions will depend upon each Fund’s investment experience during
its fiscal year and will be made after the Fund’s year end. Each Fund
will send to investors a Form 1099-DIV for the calendar year that will
define how to report these distributions for federal income tax purposes.
About The Blackstone Group and GSO Capital Partners
Blackstone is one of the world’s leading investment firms. Blackstone
seeks to create positive economic impact and long-term value for its
investors, the companies it invests in, and the communities in which it
works. The firm does this by using extraordinary people and flexible
capital to help companies solve problems. Blackstone’s asset management
businesses, with over $300 billion in assets under management as of
March 31, 2015, include investment vehicles focused on private equity,
real estate, public debt and equity, non-investment grade credit, real
assets and secondary funds, all on a global basis. Blackstone also
provides various financial advisory services, including financial and
strategic advisory, restructuring and reorganization advisory and fund
placement services. Further information is available at www.blackstone.com.
Follow Blackstone on Twitter @Blackstone.
GSO is the global credit and distressed investment platform of
Blackstone. With approximately $75 billion of assets under management as
of March 31, 2015, GSO is one of the largest alternative managers in the
world focused on the leveraged-finance, or non-investment grade related,
marketplace. GSO seeks to generate attractive risk-adjusted returns in
its business by investing in a broad array of strategies including
mezzanine debt, distressed investing, leveraged loans and other
special-situation strategies. Its funds are major providers of credit
for small and middle-market companies, and it also advances rescue
financing to help distressed companies.
Investors wishing to buy or sell shares need to place orders through
an intermediary or broker.
Contact the Funds at 1-877-299-1588 or visit the Funds’ website at www.blackstone-gso.com
for additional information.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150522005094/en/
Copyright Business Wire 2015