NEW YORK--(BUSINESS WIRE)--
GSO / Blackstone Debt Funds Management LLC, an affiliate 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 the distribution declarations for these Funds:
Ex-Date: December 20, 2017
Record Date: December 21, 2017
Date: December 29, 2017
Ex-Date: December 28, 2017
Record Date: December 29, 2017
Date: January 31, 2018
Ex-Date: February 20, 2018
Record Date: February 21, 2018
Date: February 28, 2018
Monthly Distribution Per Share
Strategic Credit Fund
Long-Short Credit Income Fund
Senior Floating Rate Term Fund
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 $385 billion in assets under management as of
September 30, 2017, 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. Further
information is available at www.blackstone.com.
Follow Blackstone on Twitter @Blackstone.
GSO is the global credit investment platform of Blackstone. With
approximately $99 billion in assets under management as of September 30,
2017, 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.