Company: BXSL
Filing Date: 2025-07-11
Form Type: N-2ASR
Source: 0001213900-25-063269
Chunk: 27

Company: Blackstone Secured Lending Fund
Filing Date: 2025-07-11
Form: N-2ASR
Chunk 27
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 that the Company should not participate, the investment will not be allocated to the Company. Corporate Information Our corporate headquarters are located at 345 Park Avenue, 31st Floor, New York, New York 10154. We maintain a website at www.bxsl.com. Information on our website or on Blackstone’s website at www.blackstone.comis not incorporated by reference into this prospectus, and you should not consider that information to be part of this prospectus. 14 Risk Factors An investment in our securities involves a high degree of risk and may be considered speculative. You should carefully consider the information found in “Risk Factors” before deciding to invest in our securities. Risks involved in an investment in our securities include: Risks Related to Our Business and Structure •Price declines in the medium- and large -sizedU.S. corporate debt market may adversely affect the fair value of our portfolio and our market price. •Our ability to achieve our investment objectives depends on the ability of the Advisers to manage and support our investment process largely through relationships with private equity sponsors, investment banks and commercial banks. •Our Board may change our operating policies and strategies or amend our Fourth Amended and Restated Declaration of Trust (the “Declaration of Trust ”) without prior notice or shareholder approval, the effects of which may be adverse to our results of operations and financial condition. •We may face increasing competition for investment opportunities, have difficulty sourcing investment opportunities and experience fluctuations in our quarterly results. •As required by the 1940 Act, a significant portion of our investment portfolio is and will be recorded at fair value as determined in good faith by our Board and, as a result, there is and will be uncertainty as to the value of our portfolio investments. •There is a risk that investors in our shares may not receive distributions or that our distributions may decrease over time. •Changes in laws or regulations governing our operations and the possibility of increased regulatory focus on areas related to our business could result in additional burdens on our business. •General economic conditions could adversely affect the performance of our investments and our market price, including recessionary fears, geopolitical events and inflation. •We and our portfolio companies and service providers may be subject to cybersecurity risks and our business could be adversely affected by changes to data protection laws and regulations. Risks Related to Our Investments •We generally will not control our portfolio companies and our investments in prospective portfolio companies may be risky. •Economic recessions or downturns or restrictions on trade could impair our portfolio companies and adversely affect