14th Dec 2015 09:54
LONDON (Alliance News) - Blackstone / GSO Loan Financing Ltd on Monday said it is mulling the possibility of raising additional capital by issuing new shares.
The company, which invests in floating rate senior secured loans, said the possible fundraising is "in line" with its growth strategy and "in light of the continued attractive investment and funding environment".
Blackstone / GSO Loan Financing's investment objective is to provide shareholders with stable and growing income returns, and to grow the capital value of its investment portfolio.
Shares in Blackstone / GSO Loan Financing were untraded on Monday morning. The stock closed at EUR0.97 on Friday.
By Samuel Agini; [email protected]; @samuelagini
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