ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

BGLP Blackstone Loan Financing Limited

51.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blackstone Loan Financing Limited LSE:BGLP London Ordinary Share JE00BNCB5T53 ORD NPV (GBP)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 51.50 49.00 54.00 51.50 51.50 51.50 10,000 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -70.9M -72.33M -0.1633 -3.61 261.37M

Blackstone / GSO Loan Financing Ltd Investor Call on 27 March 2020 (2631H)

23/03/2020 4:20pm

UK Regulatory


Blackstone Loan Financing (LSE:BGLP)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Blackstone Loan Financing Charts.

TIDMBGLF

RNS Number : 2631H

Blackstone / GSO Loan Financing Ltd

23 March 2020

Blackstone / GSO Loan Financing Limited

23 March 2020

Investor Call on 27 March 2020

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

Blackstone / GSO Loan Financing Limited ("BGLF" or the "Company")

Investor Call on 27 March 2020

In light of the global spread of the Coronavirus Disease 2019 ("COVID-19") and the expected impact on the global economy, we wanted to provide an update to our shareholders and invite you to a call this Friday, 27 March, at 3:00pm GMT to hear the latest views from the GSO team.

COVID-19 is a human event first and foremost, and we on the Board and at GSO encourage everyone to be safe and secure.

With respect to the performance of BGLF, GSO is leveraging its entire global team to undertake a detailed review of the companies within its portfolios to determine the potential impact on the performance of these businesses. GSO is focused not only on those sectors that have been directly impacted by COVID-19, including hotels, gaming and leisure, transportation, retail, automotive, and energy, but the entire universe of industries and companies within its portfolios. BGLF's indirect aggregate exposure to these directly impacted industries totals 13.7%, compared to the US loan market exposure of 18.0% and European loan market exposure of 16.4%. To note, BGLF's indirect exposure to energy, oil, and gas remains low at less than 1.0%.

Please join us for a market update call with GSO this Friday, 27 March, at 3:00pm GMT by registering beforehand using the below link:

https://www.incommglobalevents.com/registration/client/3219/blackstone-gso-loan-financing-limited/

Please email questions in advance to BGLF@n1singer.com .

For further information, please contact:

BNP Paribas Securities Services S.C.A., Jersey Branch +44 (0)1534 709181

Siobhan Lavery / Melissa Le Cheminant +44 (0)1534 813873

IFC 1, The Esplanade, St Helier, Jersey JE1 4BP

Company Secretary

Nplus1 Singer Advisory LLP

James Maxwell +44 (0)20 7496 3000

Winterflood Securities Limited

Neil Langford +44 (0)20 3100 0000

NOTE: PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE RESULTS AND THERE CAN BE NO ASSURANCE THAT BGLF WILL ACHIEVE COMPARABLE RESULTS.

IMPORTANT INFORMATION

Any reference herein to future returns or distributions is a target and not a forecast and there can be no guarantee or assurance that it will be achieved.

This document has been issued by Blackstone / GSO Loan Financing Limited (the "Company"), and should not be taken as an inducement to engage in any investment activity and is for the purpose of providing information about the Company. This document does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any share in the Company or securities in any other entity, in any jurisdiction, including the United States, Canada, Japan or South Africa nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction.

This document, and the information contained therein, is not for viewing, release, distribution or publication in or into the United States, Canada, Japan, South Africa or any other jurisdiction where applicable laws prohibit its release, distribution or publication, and will not be made available to any national, resident or citizen of the United States, Canada, Japan or South Africa. The distribution of this document in other jurisdictions may be restricted by law and persons into whose possession this document comes must inform themselves about, and observe, any such restrictions. Any failure to comply with the restrictions may constitute a violation of the federal securities law of the United States and the laws of other jurisdictions.

The shares issued and to be issued by the Company (the "Shares") have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States. The Shares may not be offered, sold, resold, pledged, delivered, distributed or otherwise transferred, directly or indirectly, into or within the United States, or to, or for the account or benefit of, US persons (as defined in Regulation S under the Securities Act). No public offering of the Shares is being made in the United States.

The Company has not been and will not be registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act") and, as such, holders of the Shares will not be entitled to the benefits of the Investment Company Act. No offer, sale, resale, pledge, delivery, distribution or transfer of the Shares may be made except under circumstances that will not result in the Company being required to register as an investment company under the Investment Company Act. Neither the U.S. Securities and Exchange Commission (the "SEC") nor any state securities commission has approved or disapproved of the Shares or passed upon or endorsed the merits of the offering of the Shares or the adequacy or accuracy of the Prospectus. Any representation to the contrary is a criminal offence in the United States. In addition, the Shares are subject to restrictions on transferability and resale in certain jurisdictions and may not be transferred or resold except as permitted under applicable securities laws and regulations. Investors may be required to bear the financial risks of their investment in the Shares for an indefinite period of time. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdictions.

This document is directed only at: (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005; or (ii) high net worth bodies corporate, unincorporated associations and partnerships and trustees of high value trusts as described in Article 49(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and persons who receive this document who do not fall within (i) or (ii) above should not rely on or act upon this document.

No liability whatsoever (whether in negligence or otherwise) arising directly or indirectly from the use of this document is accepted and no representation, warranty or undertaking, express or implied, is or will be made by the Company, or any of their respective directors, officers, employees, advisers, representatives or other agents ("Agents") for any information or any of the opinions contained herein or for any errors, omissions or misstatements. None of the Agents makes or has been authorised to make any representation or warranties (express or implied) in relation to the Company or as to the truth, accuracy or completeness of this document, or any other written or oral statement provided. In particular, no representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on any projections, targets, estimates or forecasts contained in this document and nothing in this document is or should be relied on as a promise or representation as to the future.

Unless otherwise indicated, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date. Recipients of this document are encouraged to contact the Company's representatives to discuss the procedures and methodologies used to make the projections and other information provided herein.

All investments are subject to risk, including the loss of the principal amount invested. Past performance is no guarantee of future returns. All investments to be held by the Company involve a substantial degree of risk, including the risk of total loss. The value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. When you sell your investment you may get back less than you originally invested. You should always seek expert legal, financial, tax and other professional advice before making any investment decision.

Blackstone / GSO Loan Financing Limited is a self-managed Jersey registered alternative investment fund, and is regulated by the Jersey Financial Services Commission. The Jersey Financial Services Commission does not take any responsibility for the financial soundness of the Company or for the correctness of any statements made or expressed in this document.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCJJMFTMTBTBMM

(END) Dow Jones Newswires

March 23, 2020 12:20 ET (16:20 GMT)

1 Year Blackstone Loan Financing Chart

1 Year Blackstone Loan Financing Chart

1 Month Blackstone Loan Financing Chart

1 Month Blackstone Loan Financing Chart

Your Recent History

Delayed Upgrade Clock