Company: BXSL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001736035-25-000018
Chunk: 357

Company: Blackstone Secured Lending Fund
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 357
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 trading price of the Common Shares, the Company’s capital needs, and the Company’s determination of the appropriate sources of funding to meet such needs. As of June 30, 2025, Common Shares with an aggregate sales price of $439.5 million remained available for issuance under the Equity Distribution Agreements.The following table summarizes the total Common Shares issued and proceeds received, for the three months ended June 30, 2025, through the “at-the-market” offering program:Issuances of Common SharesNumber of Common Shares IssuedGross ProceedsPlacement Fees/Offering ExpensesNet Proceeds (1)Average Share Price (2)“At-the-market” Offering2,045,455 $64,205 $193 $64,012 $31.29 (1)The Company received $5.4 million of proceeds subsequent to June 30, 2025 on July 1, 2025. The amount was recorded as Receivable for shares sold in the Consolidated Statement of Assets and Liabilities.(2)Represents the net offering price per share after deducting placement fees and commissions and offering expenses.The following table summarizes the total Common Shares issued and proceeds received, for the six months ended June 30, 2025, through the “at-the-market” offering program:Issuances of Common SharesNumber of Common Shares IssuedGross ProceedsPlacement Fees/Offering ExpensesNet Proceeds (1)Average Share Price (2)“At-the-market” Offering7,807,103 $250,902 $2,060 $248,842 $31.87 (1)The Company received $5.4 million of proceeds subsequent to June 30, 2025 on July 1, 2025. The amount was recorded as Receivable for shares sold in the Consolidated Statement of Assets and Liabilities.(2)Represents the net offering price per share after deducting placement fees and commissions and offering expenses.

The following table summarizes the total Common Shares issued and proceeds received, for the three months ended June 30, 2024, through the “at-the-market” offering program:Issuances of Common SharesNumber of Common Shares IssuedGross ProceedsPlacement Fees/Offering ExpensesNet Proceeds (1)Average Share Price (2)“At-the-market” Offering6,333,768 $190,966 $831 $190,135 $30.02 (1)