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Pin to quick picksBlackstone Loan Regulatory News (BGLF)

Share Price Information for Blackstone Loan (BGLF)

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Blackstone/GSO Loan Financing is an Investment Trust

To provide shareholders with stable and growing income returns, and to grow the capital value of the investment portfolio by exposure to all debt tranches of CLOs (CLO Income Notes and other CLO Securities) and in Loan Warehouses.

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Share Repurchase Programme

23 Jan 2023 11:38

RNS Number : 5673N
Blackstone Loan Financing Limited
23 January 2023
 

23 January 2023

 

Blackstone Loan Financing Limited

("the Company")

 

Share Repurchase Programme

 

The Company announces that it has appointed its joint brokers Winterflood Investment Trusts and Singer Capital Markets Securities Limited to manage a new irrevocable share repurchase programme (the "Share Repurchase Programme") to buy back ordinary shares within certain pre-set parameters (including the existing discount management policy regarding the repurchase of shares as set out in the Company's prospectus issued on 23 November 2018). This follows the expiry of the previous share repurchase programme on 20 January 2023 (as announced on 21 October 2022). The Share Repurchase Programme will commence today and will run until 03 May 2023.

 

Any shares purchased pursuant to the Share Repurchase Programme will count towards the Company's general buy back authority of 14.99% of the Company's issued share capital, as approved at the Company's 2022 AGM.

 

The Company confirms that it currently has no inside information.

 

 

Enquiries:

 

BNP Paribas

 

01534 709178 / 813873

Singer Capital Markets

James Maxwell / Alaina Wong

 

020 7496 3000

 

Winterflood Investment Trusts

Neil Langford

 

020 3100 0000

 

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