Blackstone / GSO Senior Floating Rate Term Fund Declares Monthly Distributions, Payable on December 31, 2020, January 29, 2021 and February 26, 2021
December 09, 2020 at 04:15 pm EST
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GSO /Blackstone Debt Funds Management LLC, announced monthly distributions for Blackstone/GSO Senior Floating Rate Term Fund of $0.074 per share. Ex-dates are December 22, 2020, December 30, 2020 and February 18, 2021. Record Date are December 23, 2020, December 31, 2020 and February 19, 2021. Payable Dates are December 31, 2020, January 29, 2021 and February 26, 2021.
Blackstone Senior Floating Rate 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fund's 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. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating rate loans (Senior Loans). The Fund may also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. It invests in various sectors, including healthcare providers and services, software, capital markets, building products, aerospace and defense, financial services, healthcare equipment and supplies, professional services and information technology (IT) services. Blackstone Liquid Credit Strategies LLC (the Adviser) acts as the investment adviser of the Fund.