BGB

Blackstone Strategic Credit 2027 Term Fund is a closed-end term credit fund managed by Blackstone Credit BDC Advisors LLC, an affiliate of Blackstone Inc., one of the world's largest alternative asset managers. The fund invests primarily in debt securities and loans, focusing on opportunistic credit investments across the capital structure including senior secured loans, unsecured debt, mezzanine loans, and structured credit products. As a term fund with a target termination date in 2027, the fund has a defined liquidation event when it intends to distribute proceeds to shareholders. The fund leverages Blackstone's extensive credit investment platform, global sourcing capabilities, and deep relationships across private markets to access attractive credit opportunities. The portfolio typically includes loans and bonds issued by middle-market and larger companies across diverse industries, with emphasis on securing favorable risk-adjusted returns through credit selection, structural protections, and active portfolio management. Blackstone's credit teams conduct rigorous due diligence, financial analysis, and ongoing monitoring to manage credit risk and identify opportunities across market cycles. As a closed-end fund, Blackstone Strategic Credit 2027 Term Fund trades on exchanges at prices that may differ from net asset value. The fund employs leverage to enhance returns, increasing both potential income and risk. The defined termination date in 2027 differentiates this fund from perpetual closed-end funds, addressing investors' concerns about long-term discounts to NAV by providing a liquidation event. The fund provides regular distributions, sourced primarily from interest income on its credit portfolio. Investors benefit from Blackstone's world-class credit investment capabilities, diversified credit exposure, and professional management. The fund suits investors seeking credit income with the expertise of a premier alternative asset manager and a defined time horizon through the term structure.