Blackstone Secured Lending Fund Reports Fourth Quarter and Full Year 2021 Results
NEW YORK —February 28, 2022—Blackstone Secured Lending Fund (NYSE: BXSL, or the “Company”) today reported its fourth quarter and full year 2021 results.
Brad Marshall, Chief Executive Officer of Blackstone Secured Lending Fund, said, “BXSL’s fourth quarter results represented a strong finish to a banner year, including exceptional performance and credit quality. For the full year, we delivered a NAV-based total return of 12.6% and entered 2022 in great shape with no loans on non-accrual. Looking ahead, we believe BXSL is well positioned to continue delivering for investors given a high-quality portfolio, structural competitive advantages and an attractive regular dividend yield of over 8% based on NAV.”
Blackstone Secured Lending Fund issued a full detailed presentation of its fourth quarter and full year 2021 results, which can be viewed at www.bxsl.com.
Dividend Declaration
The Company’s Board of Trustees has declared a first quarter 2022 dividend of $0.53 per share to shareholders of record as of March 31, 2022, payable on May 13, 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=1528278&tp_key=195087d9f5.
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 UScompanies. As of December 31, 2021, BXSL’s fair value of investments was approximately $9.9 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. (formerly, The Blackstone Group Inc.). Blackstone Inc., together with its subsidiaries, is the world’s largest alternative investment firm with approximately $881 billion of assets under management as of December 31, 2021.
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 ofwords 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 othercomparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or willbe 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
[email protected]
+1 888-756-8443
Media
Mariel Seidman-Gati
[email protected]
+1 917-698-1674