Blackstone/GSO Loan Financing Ltd Potential migration of listing (8064I)

TIDMBGLF

RNS Number : 8064I

Blackstone/GSO Loan Financing Ltd

22 June 2017

Blackstone / GSO Loan Financing Limited

("BGLF" or the "Company")

22 June 2017

Migration to the Premium Segment of the Main Market of the London Stock Exchange and listing on the Official List of the UK Listing Authority

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO U.S. PERSONS OR INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Background

BGLF's investment objective is to provide shareholders with stable and growing income returns and to grow the capital value of the investment portfolio by exposure predominantly to floating rate senior secured loans directly and indirectly through collateralized loan obligation securities and investments in loan warehouses. The Company achieves its investment objective through its exposure to Blackstone / GSO Corporate Funding. The Company is currently admitted to trading on the Specialist Fund Segment of the London Stock Exchange (the "LSE").

BGLF announces its intention to apply to the UK Listing Authority ("UKLA") for admission of the Company's shares to a premium listing on the Official List and to the LSE for trading of the Company's shares on the Premium Segment of the Main Market of the LSE. As the Company grows, the Directors believe that the Company will benefit over time from such a migration to listing on the Official List as it anticipated that this will broaden its appeal to a wider range of shareholders. The Company also intends to redenominate its market quote on the London Stock Exchange from Euro into Sterling, such that its shares may become eligible for inclusion in applicable indices. Any migration would be subject to the Company meeting the relevant eligibility criteria and approval by the UK Listing Authority. The Company will provide an update in due course.

- End -

 
 Contacts: 
 BNP Paribas 
  Siobhan Lavery        01534 709 181 
 
 Fidante Capital 
  Katie Standley        020 7832 0900 
 N+1 Singer Advisory 
  LLP 
  Gillian Martin        020 7496 300 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCFBMFTMBTTBTR

(END) Dow Jones Newswires

June 22, 2017 02:00 ET (06:00 GMT)