Blackstone Secured Lending Fund Reports Second Quarter 2022 Results

NEW YORK — August 11, 2022 — Blackstone Secured Lending Fund (NYSE: BXSL, or the “Company”) today reported its second quarter 2022 results.

Brad Marshall, Chief Executive Officer of Blackstone Secured Lending Fund, said, “BXSL’s second-quarter results showcase our high-quality business, which was designed to withstand challenging environments and deliver attractive, dependable dividends. Shareholders earned a 10% dividend yield over the last twelve months based on NAV, and credit metrics remain robust with no loans on non-accrual. Despite potential headwinds in the economy, we think the outlook for shareholders is bright, given a portfolio that is well positioned for this environment and significant earnings growth potential from higher interest rates.”

Blackstone Secured Lending Fund issued a full detailed presentation of its second 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 September 30, 2022, payable on November 14, 2022.

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: https://event.webcasts.com/starthere.jsp?ei=1561087&tp_key=d3980cd486.

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 June 30, 2022, BXSL’s fair value of investments was $10.1 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 $941 billion of assets under management as of June 30, 2022.

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 inherently uncertain and there are or may 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 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 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.

Contacts

Investors
Michael Needham
[email protected]
+1 888-756-8443

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