Company: BXSL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001736035-25-000021
Chunk: 360

Company: Blackstone Secured Lending Fund
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 360
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 798,145 1,855 — — New 2026 Notes700,000 700,000 696,980 3,020 — — 2027 Notes650,000 650,000 644,167 5,833 — — 2028 Notes650,000 650,000 642,963 7,037 — — November 2027 Notes (5)400,000 400,000 397,898 5,818 — — April 2028 Notes (5)700,000 700,000 684,491 8,897 — — 2024-1 Notes457,500 457,500 455,083 2,417 — — Total$9,307,500 $7,093,864 $7,056,091 $34,877 $2,213,636 $2,191,402 (1)The unused portion is the amount upon which commitment fees, if any, are based.(2)The amount available reflects any limitations related to each respective credit facility’s borrowing base.(3)Under the Jackson Hole Funding Facility, the Company may borrow in USD or certain other permitted currencies. As of December 31, 2024, the Company had no borrowings denominated in currencies other than USD.(4)Under the Revolving Credit Facility, the Company may borrow in USD or certain other permitted currencies. As of December 31, 2024, the Company had non-USD borrowings denominated in the following currencies:•CAD 38.2 million•EUR 277.7 million•GBP 266.3 million•AUD 1.0 million(5)Carrying value is inclusive of adjustment for the change in fair value of effective hedge relationship.

As of September 30, 2025 and December 31, 2024, $57.2 million and $53.4 million, respectively, of interest expense and $1.2 million and $0.6 million, respectively, of unused commitment fees were included in interest payable.For the three and nine months ended September 30, 2025, the weighted average interest rate (including unused fees, amortization of debt issuance costs (including premiums and discounts), and the impact of the application of hedge accounting) on all borrowings outstanding was 4.97% and 5.00%, respectively. For