Company: BXSL
Filing Date: 2025-10-06
Form Type: 424B2
Source: 0001213900-25-096307
Chunk: 110

Company: Blackstone Secured Lending Fund
Filing Date: 2025-10-06
Form: 424B2
Chunk 110
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 that are individually pledged as collateral to separate credit facilities. Any other debt investments listed above are pledged to financing facilities and are not available to satisfy the creditors of the Company. (6)The investment is not a Qualifying Asset under Section 55(a) of the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “1940 Act”). The Company may not acquire any non -qualifying asset unless, at the time of acquisition, Qualifying Assets represent at least 70% of the Company’s total assets. As of March 31, 2025, non -qualifying assets represented 13.9% of total assets as calculated in accordance with regulatory requirements. (7)Position or portion thereof is an unfunded commitment, and no interest is being earned on the unfunded portion, although the investment may be subject to unused commitment fees. Negative cost and fair value results from unamortized fees, which are capitalized to the investment cost. The unfunded commitment may be subject to a commitment termination date that may expire prior to the maturity date stated. See below for more information on the Company’s unfunded commitments:

| Investments                             |     | Commitment Type        |     | Commitment      
 Expiration Date |     | Unfunded   
 Commitment |        |     | Fair  
 Value |   |
|:----------------------------------------|:----|:-----------------------|:----|:----------------|:----|:-----------|-------:|:----|:------|:--|
| 123Dentist, Inc.                        |     | Delayed Draw Term Loan |     | 8/10/2026       |     | $          |    154 |     | $     | — |
| Abacus Holdco 2 Oy                      |     | Delayed Draw Term Loan |     | 5/7/2026        |     |            |    177 |     |       | — |
| ACI Group Holdings, Inc.                |     | Revolver               |     | 8/2/2027        |     |            | 10,179 |     |       | — |
| ADCS Clinics Intermediate Holdings, LLC |     | Revolver               |     | 5/7/2026        |     |            |  1,003 |     |       | — |

87

| Investments                         |     | Commitment Type        |     | Commitment      
 Expiration