Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 463

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 463
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428 Net realized gain (loss) on investments(18,977)(6,205)37,402 Investments sold or repaid(787,519)(1,305,234)(1,174,176)Total investments, end of period$13,193,219 $9,934,159 $9,657,872 

117

As of and for the year ended December 31, 202420232022Amount of investments funded at principal:First lien debt$3,868,764 $1,481,290 $984,200 Second lien debt73,958 — 7,896 Unsecured debt22,334 10,231 14,023 Equity10,161 3,915 13,144 Total$3,975,217 $1,495,436 $1,019,263 Proceeds from investments sold or repaid:First lien debt$(786,756)$(1,231,702)$(1,077,767)Second lien debt(271)(7,351)(20,907)Unsecured debt— — (13,535)Warrants— — (8,514)Equity(492)(66,181)(53,453)Total$(787,519)$(1,305,234)$(1,174,176)Number of new investments in new portfolio companies95 29 53 Average new investment commitment amount$30,579 $29,322 $19,231 Weighted average yield of new investments 9.8 %12.0 %10.2 %Weighted average yield on investments fully sold or paid down11.9 %11.1 %7.1 %Number of portfolio companies276 196 176 Weighted average yield on performing debt and income producing investments, at amortized cost (1)(2)10.3 %11.8 %10.6 %Weighted average yield on performing debt and income producing investments, at fair value (1)(2)10.4 %12.0 %10.7 %Average loan to value (LTV) (3)46.0 %48.2 %47.5 %Percentage of performing debt investments bearing a floating rate (6)99.8 %99.9 %99.9 %Percentage of performing debt investments bearing a fixed rate