REG - Blackstone Loan Fin - Redemption Update

Blackstone Loan FinancingAnnouncement

08/11/2024 07:00

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RNS Number : 4215L  Blackstone Loan Financing Limited  08 November 2024

08 November 2024

Blackstone Loan Financing Limited

(the "Company")

Redemption Update

 

Further to the approval given by the Company's shareholders to enable
compulsory redemptions of the Company's redeemable ordinary shares ("Shares"),
as described in the circular dated 25 August 2023 (the "Circular") and
following the First Redemption made by the Company on 10 June 2024, the
Company today announces that it will return approximately €61,000,000 by way
of a compulsory partial redemption (the "Second Redemption") on or around 19
December 2024 (the "Redemption Date").

The proportion of shares subject to the Second Redemption will be calculated
by reference to the NAV per Share as at 31 October 2024 which the Board plans
to announce on 21 November 2024 alongside the detailed timetable for the
Second Redemption.

As at today's date, the Company has 417,959,768 Shares in issue, of which none
are held in treasury.

Shareholders should note that the Board retains absolute discretion as to the
execution, extent and timing of redemptions.

Capitalised terms used but not defined in this announcement will have the same
meaning as set out in the Circular.

The information contained within this announcement constitutes inside
information.

The person responsible for arranging for the release of this announcement on
behalf of the Company is Jeremy Hamon of BNP Paribas S.A., Jersey Branch,
Company Secretary.

Enquiries:

 

 Blackstone                                        via BNP Paribas

 BNP Paribas                                       01534 709189 / 709108

 Singer Capital Markets                            020 7496 3000

 James Maxwell / Alaina Wong (Corporate Finance)

 Alan Geeves / Sam Greatrex (Sales)

 Winterflood Investment Trusts                     020 3100 0000

 Neil Langford (Corporate Finance)

 Darren Willis (Sales)

 

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