Company: BXSL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001736035-25-000021
Chunk: 176

Company: Blackstone Secured Lending Fund
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 176
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 with respect to payment principal, interest and any other amounts due thereunder over the “last-out” portion.

(19)All securities are exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities.” As of December 31, 2024, the aggregate fair value of these securities is $13,092.5 million or 215.43% of the Company’s net assets. The initial acquisition dates have been included for such securities.

(20)The interest rate floor on these investments as of December 31, 2024 was 3.00%.

ADDITIONAL INFORMATION

Foreign Currency Forward ContractsCounterpartyCurrency PurchasedCurrency SoldSettlement DateUnrealized Appreciation (Depreciation)Wells Fargo Bank, N.A.USD56,412 CAD80,000 3/18/2025$719 Wells Fargo Bank, N.A.USD68,801 EUR65,250 3/18/20251,043 Wells Fargo Bank, N.A.USD37,395 GBP29,500 3/18/2025482 Wells Fargo Bank, N.A.USD8,408 SEK91,000 3/10/2025157 Total Foreign Currency Forward Contracts$2,401 

Interest Rate SwapsCounterpartyHedged ItemCompany ReceivesCompany PaysMaturity DateNotional AmountFair Market ValueUpfront Payments / ReceiptsChange in Unrealized Appreciation (Depreciation) (1)SMBC Capital Markets, Inc.November 2027 Notes5.88%SOFR +1.38%11/15/2027$400,000 $3,995 $— $3,995 Wells Fargo Bank, N.A.April 2028 Notes5.35%SOFR +1.65%4/13/2028400,000 (5,855)— (5,855)Wells Fargo Bank, N.A.April 2028 Notes5.35%SOFR +1.39%4/13/2028300,000 (1,309)— (1,309)Total Interest Rate Swaps$(3,169)$— $(3,169)

(1)For interest rate swaps designated in qualifying hedge relationships, the change in fair value is recorded in Interest expense in the Condensed Consolidated Statements