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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

12 Mar 2021 15:21

RNS Number : 1607S
Blackstone Loan Financing Limited
12 March 2021
 

FOR IMMEDIATE RELEASE

 

12 March 2021

 

Blackstone Loan Financing Limited

("the Company")

 

Share Repurchase Programme

 

 

At the Company's last annual general meeting on 16 July 2020 (the "AGM"), the Company's shareholders granted the Company a general buy back authority of up to 14.99% of the Company's issued share capital.

 

The Company has appointed its joint brokers Winterflood Investment Trusts and N+1 Singer Capital Markets Limited to manage a share repurchase programme (the "Share Repurchase Programme") to repurchase ordinary shares within certain pre-set parameters. The Share Repurchase Programme will commence today and will run until 26 May 2021.

 

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 AGM.

 

The information contained within this announcement constitutes inside information.

 

The person responsible for arranging for the release of this announcement on behalf of the Company is Melissa Le Cheminant of BNP Paribas Securities Services S.C.A., Jersey Branch, Company Secretary.

 

BNP Paribas

 

01534 813873

N+1 Singer Capital Markets Limited

James Maxwell / Carlo Spingardi

 

020 7496 3000

 

Winterflood Investment Trusts

Neil Langford

 

020 3100 0000

 

END

 

 

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