Blackstone / GSO Closed-End Funds Announce Transition to Dynamic Monthly Distributions and Declare Monthly Distributions

GSO / Blackstone Debt Funds Management LLC, an affiliate of GSO Capital Partners LP ("GSO"), announced that the three listed closed-end funds it advises, Blackstone / GSO Senior Floating Rate Term Fund (NYSE: BSL), Blackstone / GSO Long-Short Credit Income Fund (NYSE: BGX), and Blackstone / GSO Strategic Credit Fund (NYSE: BGB) (each a "Fund" and together the "Funds") (i) are transitioning from a strategy that seeks to maintain Fund distributions at stable levels notwithstanding increases or dec...