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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

26 Jul 2021 17:03

RNS Number : 5096G
Blackstone Loan Financing Limited
26 July 2021
 

26 July 2021

 

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 to manage a new share repurchase programme (the "Share Repurchase Programme") to repurchase 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 23 July 2021 (as announced on 1 June 2021). The Share Repurchase Programme will commence today and will run until 30 September 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 2021 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 Nicole Troy of BNP Paribas Securities Services S.C.A., Jersey Branch, Company Secretary.

 

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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