News: BLA Blue Sky Alternative Investments Updates On Long-Term Capital Investment by Oaktree

Sept 28 (Reuters) - Blue Sky Alternative Investments Ltd (BLA) :

• OAKTREE TO MAKE AVAILABLE TO BLUE SKY A $50 MILLION 7-YEAR SENIOR SECURED LOAN NOTE FACILITY
• EXECUTED BINDING SUBSCRIPTION AGREEMENT IN RESPECT OF A LONG-TERM CAPITAL INVESTMENT IN BLUE SKY BY OAKTREE
• UNDER FACILITY, FUTURE DISTRIBUTIONS TO SHAREHOLDERS TO BE PERMITTED UP TO 50% OF ADJUSTED NPAT FOR RELEVANT FY