Company: BXSL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001736035-25-000021
Chunk: 228

Company: Blackstone Secured Lending Fund
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 228
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,000 700,000 699,304 6,782 — — June 2030 Notes (5)500,000 500,000 498,403 10,050 — — 2024-1 Notes457,500 457,500 455,237 2,263 — — Total$10,007,500 $7,669,446 $7,656,956 $35,046 $2,338,054 $2,284,314 (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 September 30, 2025, 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 September 30, 2025, the Company had non-USD borrowings denominated in the following currencies:•CAD 30.7 million•EUR 380.9 million•GBP 279.5 million•AUD 1.0 million(5)Carrying value is inclusive of adjustment for the change in fair value of effective hedge relationship.

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Table of ContentsBlackstone Secured Lending FundNotes to Condensed Consolidated Financial Statements(Unaudited)(in thousands, except share amounts, per share data, percentages and as otherwise noted)

December 31, 2024Aggregate Principal CommittedOutstanding PrincipalCarrying ValueUnamortized Debt Issuance CostsUnused Portion (1)Amount Available (2)Jackson Hole Funding Facility (3)$500,000 $399,874 $399,874 $— $100,126 $100,126 Breckenridge Funding Facility1,175,000 649,350 649,350 — 525,650 525,650 Big Sky Funding Facility650,000 400,000 400,000 — 250,000 227,766 BXSL 2025-1 Facility400,000 — — — 400,000 400,000 Revolving Credit Facility (4)2,225,000 1,287,140 1,287,140 —