Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 187

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 187
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 Company’s determination of the appropriate sources of funding to meet such needs. As of December 31, 2024, Common Shares with an aggregate sales price of $112.0 million remained available for issuance under the Equity Distribution Agreements.The following table summarizes the total Common Shares issued and proceeds received, for the year ended December 31, 2024, through the “at-the-market” offering program:Issuances of Common SharesNumber of Common Shares IssuedGross ProceedsPlacement Fees/Offering ExpensesNet Proceeds (2)Average Share Price (1)“At-the-market” Offering35,385,159 $1,047,683 $6,226 $1,041,457 $29.43 (1)Represents the net offering price per share after deducting placement fees and commissions and offering expenses.(2)The Company received $4.4 million of proceeds subsequent to December 31, 2024 on January 2, 2025. The amount was recorded as Receivable for shares sold in the Consolidated Statement of Assets and Liabilities.

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Table of ContentsBlackstone Secured Lending FundNotes to Consolidated Financial Statements(in thousands, except share amounts, per share data, percentages and as otherwise noted)

The following table summarizes the total Common Shares issued and proceeds received, for the year ended December 31, 2023, through the “at-the-market” offering program:Issuances of Common SharesNumber of Common Shares IssuedGross ProceedsPlacement Fees/Offering ExpensesNet ProceedsAverage Share Price (1)“At-the-market” Offering17,144,870 $466,821 $1,297 $465,524 $27.15 (1)Represents the net offering price per share after deducting placement fees and commissions and offering expenses.No common shares were issued for the year ended December 31, 2022, other than those issued through the Company's dividend reinvestment program.

Distributions The following table summarizes the Company’s distributions declared and payable for the year ended December 31, 2024 (dollars in thousands except per share amounts):Date DeclaredRecord DatePayment DatePer Share AmountTotal AmountFebruary 28, 2024March 31, 2024April 26, 2024$0.7700 $147,743 May 8, 2024June 30, 2024July 26, 20240.7700