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Blackstone Senior Floating Rate 2027 Term Fund | 424B3: Prospectus

SEC announcement ·  Jan 4 00:00
Summary by Moomoo AI
Blackstone Senior Floating Rate 2027 Term Fund announced significant leadership changes effective January 1, 2024. Robert Zable has been elected by the Board of Trustees to serve as Trustee, Chairman, President, and Chief Executive Officer of the Fund, replacing Daniel H. Smith. Zable, with a career starting at JP Morgan Securities and a background in leveraged finance, has been with Blackstone Credit since 2007 and was most recently the Global Head of its Liquid Credit Strategies group. Additionally, Robert Post has been appointed as Executive Vice President and Assistant Secretary, succeeding Zable in this role. Post, a Principal and Portfolio Manager at Blackstone Credit, joined the company in 2017 and has a history with BlackRock and BMO Capital Markets. Both Zable and Post have also been elected to similar leadership roles in other Blackstone funds. These appointments were announced in a supplement to the Fund's Prospectus and Statement of Additional Information dated January 26, 2022.
Blackstone Senior Floating Rate 2027 Term Fund announced significant leadership changes effective January 1, 2024. Robert Zable has been elected by the Board of Trustees to serve as Trustee, Chairman, President, and Chief Executive Officer of the Fund, replacing Daniel H. Smith. Zable, with a career starting at JP Morgan Securities and a background in leveraged finance, has been with Blackstone Credit since 2007 and was most recently the Global Head of its Liquid Credit Strategies group. Additionally, Robert Post has been appointed as Executive Vice President and Assistant Secretary, succeeding Zable in this role. Post, a Principal and Portfolio Manager at Blackstone Credit, joined the company in 2017 and has a history with BlackRock and BMO Capital Markets. Both Zable and Post have also been elected to similar leadership roles in other Blackstone funds. These appointments were announced in a supplement to the Fund's Prospectus and Statement of Additional Information dated January 26, 2022.
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