BSL News and Press, Blackstone GSO Senior Floating Rate Term Fund of Beneficial Interest From 12/17/18

GSO / Blackstone Debt Funds Management LLC, an affiliate of GSO Capital Partners LP (“GSO”), announced today a special distribution for each of the three listed closed-end funds it advises, Blackstone / GSO Senior Floating Rate Term Fund (NYSE: BSL), Blackstone / GSO Long-Short...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...

While investors are scrutinizing credit markets for cracks, the risks that leveraged loan and collateralized loan obligation markets pose to financial stability are low to moderate, Bloomberg reports, citing a note written by Goldman Sachs economist Daan Struyven and credit strategist Aman...

As we approach the end of the year, there has been a lot of "drama" in the world, but the US and global economies are still holding up reasonably well. The US Federal Reserve has been reducing its balance sheet with quantitative tightening, and European banks may soon start to reduce quantit...

The best-performing U.S. corporate debt market--leveraged loans--is showing signs of weakening, with the leveraged loan market priced at its lowest level since 2016, Bloomberg reports. More news on: Oxford Lane Capital, Invesco Senior Loan ETF, Eagle Point Credit Company Inc., Financial ...

In this article, I will provide a weekly review of CEFs that invest in senior loans. Considering the risk and return, senior loans are positioned between investment grade corporate bonds and high-yield bonds. Usually, they have a floating rate feature and are expected to be less rate-sensitive...

According to Lipper, $1.74B exited loan funds in the week ended Nov. 21 - the largest weekly outflow in three years. A couple of weeks ago, the funds experienced a $1.5B outflow. More news on: Invesco Senior Loan ETF, Eagle Point Credit Company Inc., Voya Prime Rate Trust, News on ETFs, ...

Introduction In this article, I will provide a weekly review of CEFs that invest in senior loans. Considering the risk and return, senior loans are positioned between investment grade corporate bonds and high-yield bonds. Usually, they have a floating rate feature and are expected to be less...

In this article, I will provide a weekly review of CEFs that invest in senior loans. Considering the risk and return, senior loans are positioned between investment grade corporate bonds and high-yield bonds. Usually, they have a floating rate feature and are expected to be less rate-sensitive...

Background A few months ago, I wrote about the The Fed Dilemma . I have since then discussed the various points in more details. The last financial crisis was primarily caused by high leverage among households and financial institutions. Banks have deleveraged significantly since then and t...