Company: BXSL
Filing Date: 2025-01-21
Form Type: 424B2
Source: 0001193125-25-008530
Chunk: 74

Company: Blackstone Secured Lending Fund
Filing Date: 2025-01-21
Form: 424B2
Chunk 74
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 “investment company taxable income” for that year (without regard to the deduction for dividends paid), which is generally its ordinary income plus the excess, if any, of its realized net short-term capital gains over its realized net long-term capital losses and (ii) its net tax-exempt income.

In addition, based on the excise tax distribution requirements, the Company is subject to a 4% nondeductible federal excise tax on any undistributed income unless the Company distributes in a timely manner in each taxable year an amount at least equal to the sum of:

| • |     | 98% of its ordinary income for the calendar year; |

| • |     | 100% of any undistributed income from prior years. |

For this purpose, however, any ordinary income or capital gain net income retained by the Company that is subject to corporate income tax is considered to have been distributed. We have previously incurred, and may incur in the future, excise tax on a portion of our income and gains. While we intend to distribute income and capital gains to minimize exposure to the 4% excise tax, we may not be able to, or may not choose to, distribute amounts sufficient to avoid the imposition of the tax entirely. In that event, we will be liable for the tax only on the amount by which we do not meet the foregoing distribution requirement.

#### Distributions
On October 18, 2021, our Board increased the Company’s quarterly distribution from $0.50 per share to $0.53 per share payable to shareholders of record on December 31, 2021, which were be paid on or around January 31, 2022.

On October 18, 2021, our Board declared the following special distributions:

| Record Date      |     | Payment Date |                   |     | Special      
 Distribution 
 Amount       
 (per share)  |      |
|:-----------------|:----|:-------------|:------------------|:----|:-------------|-----:|
| January 18, 2022 |     |              | May 13, 2022      |     | $            | 0.10 |
| March 16, 2022   |     |              | May 13, 2022      |     | $            | 0.15 |
| May 16, 2022     |     |              | August 12, 2022   |     | $            | 0.20 |
| July