Blackstone / GSO Closed-End Funds Declare Monthly Distributions
NEW YORK--(BUSINESS WIRE)--Sep 12, 2018--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: October 23, 2018 Record Date: October 24, 2018 Payable Date: October 31, 2018
Ex-Date: November 21, 2018 Record Date: November 23, 2018 Payable Date: November 30, 2018
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 approximately $440 billion in assets under management as of June 30, 2018, 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 part of the global credit investment platform of Blackstone. 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. Overall, Blackstone’s credit platform, which also includes Blackstone Insurance Solutions and Harvest Fund Advisors LLC’s energy MLP business, has assets under management of over $120 billion, as of June 30, 2018.
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CONTACT: Blackstone / GSO
Jane Lee, 877-876-1121
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Blackstone / GSO Closed-End Funds
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PUB: 09/12/2018 04:15 PM/DISC: 09/12/2018 04:15 PM