Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 89

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 89
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 Wells Fargo Bank, N.A.USD8,408 SEK91,000 3/10/2025157 Total Foreign Currency Forward Contracts$2,401 

Interest Rate SwapsCounterpartyHedged ItemCompany ReceivesCompany PaysMaturity DateNotional AmountFair Market ValueUpfront Payments / ReceiptsChange in Unrealized Appreciation (Depreciation) (1)SMBC Capital Markets, Inc.November 2027 Notes5.88%SOFR +1.38%11/15/2027$400,000 $3,995 $— $3,995 Wells Fargo Bank, N.A.April 2028 Notes5.35%SOFR +1.65%4/13/2028$400,000 (5,855)— (5,855)Wells Fargo Bank, N.A.April 2028 Notes5.35%SOFR +1.39%4/13/2028$300,000 (1,309)— (1,309)Total Interest Rate Swaps$(3,169)$— $(3,169)

(1)For interest rate swaps designated in qualifying hedge relationships, the change in fair value is recorded in Interest expense in the Consolidated Statements of Operations.

The accompanying notes are an integral part of these consolidated financial statements.

174

Table of ContentsBlackstone Secured Lending FundConsolidated Schedule of InvestmentsDecember 31, 2023(in thousands)

Investments (1)FootnotesReference Rate and Spread (2)Interest Rate (2)(15)Maturity DatePar Amount/Units (1)Cost (3)Fair Value% of Net AssetsFirst Lien DebtFirst Lien Debt - non-controlled/non-affiliatedAerospace & DefenseCorfin Holdings, Inc. (4)(10)SOFR + 6.00%11.46%12/27/2027$198,259 $196,240 $192,311 3.88 %Corfin Holdings, Inc. (4)(11)SOFR + 6.00%11.46%2/5/202668,557 67,944 66,500 1.34 Frontgrade Technologies Holdings, Inc.(4)(5)(7)(10)SOFR + 6.75%12.10%1/9/20302,370 2,300 2,370 0