Blackstone Secured Lending Fund Reports First Quarter 2022 Results

NEW YORK — May 12, 2022 — Blackstone Secured Lending Fund (NYSE: BXSL, or the “Company”) today reported its first quarter 2022 results.

Brad Marshall, Chief Executive Officer of Blackstone Secured Lending Fund, said, “BXSL reported strong first-quarter results, delivering an attractive total return and yield for its investors. Results showcase BXSL’s high quality portfolio, which is predominantly first lien senior secured floating rate loans – all of which are performing. We declared a regular dividend in the first quarter that represents an 8% annualized yield on ending net asset value, in addition to special dividends for both the quarter and scheduled for later this year. We’re excited about the future, given a portfolio and liability structure that are well positioned for this environment.”

Blackstone Secured Lending Fund issued a full detailed presentation of its first quarter 2022 results, which can be viewed at www.bxsl.com.

Dividend Declaration
The Company’s Board of Trustees has declared a quarterly dividend of $0.53 per share to shareholders of record as of June 30, 2022, payable on August 12, 2022.

Quarterly Investor Call Details
Blackstone Secured Lending Fund will host its conference call today at 9:00 a.m. ET to discuss results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1546360&tp_key=aed62de0e3.

For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of BXSL’s website at https://ir.bxsl.com.

About Blackstone Secured Lending Fund
Blackstone Secured Lending Fund (NYSE:BXSL) is a specialty finance company that invests primarily in the debt of private US companies. As of March 31, 2022, BXSL’s fair value of investments was $10.0 billion. BXSL has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment adviser that is an affiliate of Blackstone Inc. Blackstone Inc., together with its subsidiaries, is the world’s largest alternative investment firm with $915 billion of assets under management as of March 31, 2022.

Forward-Looking Statements and Other Matters
This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking statements by the use of words such as “outlook,” “objective,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The Company believes these factors include but are not limited to those described under the section entitled “Risk Factors” in its Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as such factors may be updated from time to time in its periodic filings with the SEC which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the filings. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events or circumstances.

Contacts

Investors
Michael Needham
Blackstoneshareholderrelations@blackstone.com
+1 888-756-8443

Media
Mariel Seidman-Gati
Mariel.seidmangati@blackstone.com
+1 917-698-1674