Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 8

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 8
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 change in unrealized appreciation (depreciation):Non-controlled/non-affiliated investments(11,241)(36,685)(143,515)Non-controlled/affiliated investments(2,941)(14,156)17,022 Derivative instruments (Note 6)2,401 — — Translation of assets and liabilities in foreign currencies(48)(3,732)4,344 Income tax (provision) benefit(1,656)— — Net change in unrealized appreciation (depreciation)(13,485)(54,573)(122,149)Net realized gain (loss):Non-controlled/non-affiliated investments(18,976)(14,488)37,402 Non-controlled/affiliated investments— 8,283 — Derivative instruments (Note 6)8,784 — — Foreign currency transactions10,179 18,824 5,527 Net realized gain (loss)(13)12,619 42,929 Net realized and change in unrealized gain (loss)(13,498)(41,954)(79,220)Net increase (decrease) in net assets resulting from operations$694,097 $611,951 $404,556 Net investment income per share (basic and diluted)$3.51 $3.90 $2.91 Earnings (loss) per common share (basic and diluted)$3.45 $3.65 $2.44 Weighted average shares outstanding (basic and diluted)201,372,008 167,615,433 166,072,919 

The accompanying notes are an integral part of these consolidated financial statements.

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Table of ContentsBlackstone Secured Lending FundConsolidated Statements of Changes in Net Assets(in thousands)

Par AmountAdditional Paid in CapitalDistributable Earnings (Loss)Total Net AssetsBalance, December 31, 2021$169 $4,245,125 $202,185 $4,447,479 Reinvestment of dividends2 52,380 — 52,382 Common shares repurchased(11)(263,006)— (263,017)Net investment income— — 483,776 483,776 Net realized gain (loss)— — 42,929 42,929 Net change in unrealized appreciation (depreciation)— — (122,149)(122,149)Divid