Certain shares of Blackstone/GSO Strategic Credit Fund's Common Shares of Beneficial Interest are subject to a Lock-Up Agreement Ending on 24-MAR-2013.
March 23, 2013
Share
Certain shares of Blackstone/GSO Strategic Credit Fund's Common Shares of Beneficial Interest are subject to a Lock-Up Agreement Ending on 24-MAR-2013. These shares will be under lockup for 180 days starting from 25-SEP-2012 to 24-MAR-2013.
Blackstone Strategic Credit 2027 Term Fund (the Fund) is a diversified, closed-end management investment company. The Fundâs 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. The Fund will seek to achieve its investment objectives by investing primarily in a diversified portfolio of loans and other fixed income instruments of predominantly United States corporate issuers, including first- and second lien secured loans (Senior Secured Loans) and high yield corporate bonds of varying maturities. Under normal market conditions, at least 80% of its Managed Assets will be invested in credit investments comprised of corporate fixed income instruments and other investments (including derivatives) with similar economic characteristics. The Fund's adviser is Blackstone Liquid Credit Strategies LLC.
Certain shares of Blackstone/GSO Strategic Credit Fund's Common Shares of Beneficial Interest are subject to a Lock-Up Agreement Ending on 24-MAR-2013.