Company: BXSL
Filing Date: 2025-10-06
Form Type: 424B2
Source: 0001213900-25-096307
Chunk: 45

Company: Blackstone Secured Lending Fund
Filing Date: 2025-10-06
Form: 424B2
Chunk 45
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 Redemption or Other Taxable Disposition of Notes.Upon the sale, exchange, retirement, redemption or other taxable disposition of a Note, you generally will recognize gain or loss equal to the difference, if any, between the amount realized upon the sale, exchange, retirement, redemption or other taxable disposition (less any amount attributable to accrued and unpaid stated interest, which will be treated in the manner described above) and the adjusted tax basis of the Note. Your adjusted tax basis in a Note will, in general, be your cost for that Note. Any gain or loss will generally be capital gain or loss and will generally be long -termcapital gain or loss if you have held the Note for more than one year. Long -termcapital gains of non -corporateU.S. holders (including individuals) are eligible for reduced rates of taxation. The deductibility of capital losses is subject to limitations. In certain circumstances, United States Treasury regulations require losses in excess of a threshold amount to be reported to the IRS. U.S. holders should consult their tax advisors to determine any reporting obligations they may have with respect to the sale, exchange, retirement, redemption or other taxable disposition of a Note. Certain Tax Considerations for Non-U .S. Holders The following is a summary of certain United States federal income tax considerations that will apply for non -U.S. holders of the Notes. United States Federal Withholding Tax.Subject to the discussions of backup withholding and FATCA below, United States federal withholding tax will not apply to any payment of interest on the Notes under the “portfolio interest rule,” provided that: •interest paid on the Notes is not effectively connected with your conduct of a trade or business in the United States; •you do not actually or constructively own 10% or more of the total combined voting power of all classes of our voting stock within the meaning of the Code and applicable United States Treasury regulations; S-31 •you are not a controlled foreign corporation that is actually or constructively related to us through stock ownership; •you are not a bank whose receipt of interest on the Notes is described in Section 881(c)(3)(A) of the Code; and •either (1) you provide your name and address on an applicable IRS Form W -8, and certify, under penalties of perjury, that you are not a United States person as defined under the Code or (2) you hold your Notes through certain foreign intermediaries and satisfy the certification requirements of applicable United States Treasury regulations. Special certification rules apply to non