Blackstone / GSO Senior Floating Rate Term Fund Declares Monthly Distributions, Payable on September 30, 2020, October 30, 2020 and November 30, 2020
September 10, 2020 at 04:15 pm EDT
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GSO /Blackstone Debt Funds Management LLC, announced monthly distributions for Blackstone/GSO Senior Floating Rate Term Fund of $0.079 per share. Ex-dates are September 22, 2020, October 22, 2020 and November 19, 2020. Record Date are September 23, 2020, October 23, 2020 and November 20, 2020. Payable Dates are September 30, 2020, October 30, 2020 and November 30, 2020.
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.