22nd Jan 2019 15:57
LONDON (Alliance News) - Blackstone/GSO Loan Financing Ltd on Tuesday declared a dividend of EUR0.025 per ordinary share and EUR0.01552 payout per C share for the fourth quarter of 2018.
Blackstone GSO declared the dividends for the three months to December 31, 2018, which will be payable on March 1 to shareholders on each register at close on Friday next week.
Blackstone issued 133.5 million C shares earlier in January as part of a roll-over agreement with Carador Income Fund PLC. These shares were issued as consideration for transferring a pool of assets from Carador to Blackstone.
Once the C share portfolio aligns with Blackstone/GSO's investment policy, the C shares will convert to ordinary shares in Blackstone/GSO.
Shares in Blackstone/GSO were down 1.0% at EUR0.75 per share on Tuesday afternoon.
Related Shares:
Blackstone LoanCIFU.L