Company: BXSL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001736035-25-000021
Chunk: 6

Company: Blackstone Secured Lending Fund
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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520)Proceeds from issuance of Common Shares, net of offering and underwriting costs274,453 660,729 Net cash provided by (used in) financing activities260,333 1,665,025 Net increase (decrease) in cash and cash equivalents31,340 42,600 Effect of foreign exchange rate changes on cash and cash equivalents(11,055)(3,280)Cash and cash equivalents, beginning of period229,606 154,857 Cash and cash equivalents, end of period$249,891 $194,177 The accompanying notes are an integral part of these condensed consolidated financial statements.

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Table of ContentsBlackstone Secured Lending FundCondensed Consolidated Statements of Cash Flows(in thousands)(Unaudited)

Nine Months Ended September 30,20252024Supplemental information and non-cash activities:Interest paid during the period$278,653 $237,732 Distribution payable177,837 160,912 Reinvestment of distributions during the period15,984 15,981 Accrued but unpaid deferred financing costs— 105 Accrued but unpaid debt issuance costs250 500 Receivable for shares sold— 1,672 Excise and other taxes paid15,076 11,430 The accompanying notes are an integral part of these condensed consolidated financial statements.

8

Table of ContentsBlackstone Secured Lending FundCondensed Consolidated Schedule of InvestmentsSeptember 30, 2025(in thousands)(Unaudited)

Investments (1)(19)FootnotesReference Rate and Spread (2)Interest Rate (2)(15)Acquisition DateMaturity DatePar Amount/Units (1)Cost (3)Fair Value% of Net AssetsFirst Lien Debt First Lien Debt - non-controlled/non-affiliatedAerospace & DefenseAevex Holdings, LLC(4)(11)SOFR +6.00%10.26%4/30/20243/18/2028$46,952 $46,837 $46,717 0.75 %Aevex Holdings, LLC(4)(11)SOFR +6.00%10.26%3/17/20203/18/2028108,232 108,060 107,690 1.72 Corfin Holdings, Inc.(4)(10)SOFR +5.25%9.51%2/5/202012/27