Blackstone Secured Lending Fund Reports First Quarter 2024 Results

NEW YORK — May 8, 2024 – Blackstone Secured Lending Fund (NYSE: BXSL, or the “Company”) today reported its first quarter 2024 results.

Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, “BXSL reported another quarter of strong net investment income, increased net asset value, higher net income per share, and continued healthy credit performance. Our portfolio remains defensive with 98.5% first lien, senior secured debt with less than 50% LTV, and minimal non-accruals at just 0.1% at cost. We see strength in deployment activity, and with a growing pipeline, BXSL investment commitments increased in the first quarter of 2024 to the highest level since 2021. We remain optimistic about BXSL’s portfolio positioning and opportunity set ahead.”

Blackstone Secured Lending Fund issued a full detailed presentation of its first quarter 2024 results, which can be viewed at

Dividend Declaration
The Company’s Board of Trustees has declared a second quarter 2024 dividend of $0.77 per share to shareholders of record as of June 30, 2024, payable on or about July 26, 2024.

Quarterly Investor Call Details
Blackstone Secured Lending Fund will host its conference call today at 9:30 a.m. ET to discuss results. To register for the webcast, please use the following link:

For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of BXSL’s website at

About Blackstone Secured Lending Fund
Blackstone Secured Lending Fund (NYSE: BXSL) is a specialty finance company that invests primarily in the debt of private U.S. companies. As of March 31, 2024, BXSL’s fair value of investments was approximately $10.4 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 over $1 trillion of assets under management as of March 31, 2024.

Forward-Looking Statements and Other Matters
Certain information contained in this communication constitutes “forward-looking statements” within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “can,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates”, “confident,” “conviction,” “identified” or the negative versions of these words or other comparable words thereof. These may include BXSL’s financial estimates and their underlying assumptions, statements about plans, statements regarding pending transactions, objectives and expectations with respect to future operations, statements regarding future performance, statements regarding economic and market trends and statements regarding identified but not yet closed investments. 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 such statements. BXSL believes these factors include but are not limited to those described under the section entitled “Risk Factors” in its prospectus and annual report for the most recent fiscal year, and any such updated factors included in its periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document (or BXSL’s prospectus and other filings). Except as otherwise required by federal securities laws, BXSL undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.


Stacy Wang, Head of Stakeholder Relations
[email protected]
+1 888-756-8443

Mariel Seidman-Gati
[email protected]
+1 917-698-1674