Company: BXSL
Filing Date: 2025-07-11
Form Type: 424B2
Source: 0001213900-25-063323
Chunk: 61

Company: Blackstone Secured Lending Fund
Filing Date: 2025-07-11
Form: 424B2
Chunk 61
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 Historically, our common shares have traded at prices above our net asset value per share since trading began on October 28, 2021, however, our common shares have on occasion traded at or below our net asset value per share and may trade at prices below our net asset value per share in the future. It is not possible to predict whether our common shares will trade at a price per share at, above or below net asset value per share. See Part I, Item 1A “Risk Factors—Risks Related to an Investment in the Common Shares” in our most recent Annual Report on Form 10 -Kas well as in any subsequent SEC filing for more information. The following table sets forth the net asset value per share of our common shares, the range of high and low closing sales prices of our common shares reported on the NYSE, the closing sales price as a premium (discount) to net asset value and the dividends declared by us in each fiscal quarter since we began trading on the NYSE. On July 10, 2025, the last reported closing sales price of our common shares on the NYSE was $31.56 per share, which represented a premium of approximately 15.2% to the net asset value per share reported by us as of March 31, 2025.

| High                                 
 For the Year Ended December 31, 2025 |     | Period |   Low | Net Asset 
 Value(1)  |   |       | Price Range |   |       |     |       |     | High Sales   
 Price        
 Premium      
 (Discount)   
 to Net Asset 
 Value(2)     |     | Low Sales    
 Price        
 Premium      
 (Discount)   
 to Net Asset 
 Value(2)     |      | Cash         
 Dividend     
 Per Share(3) |
|:-------------------------------------|:----|:-------|------:|:----------|:--|------:|:------------|:--|------:|:----|:------|:----|:-------------|:----|:-------------|-----:|:-------------|
| First Quarter                        |     | $      | 27.39 |           | $ | 34.50 |             | $ | 31.30 |     | 26.0% |     | 14.3%        |     | $            | 0.77 |              |
| Second Quarter                       |     | $      |     * |           | $ | 32.