Company: BXSL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001736035-25-000013
Chunk: 328

Company: Blackstone Secured Lending Fund
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 328
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. The assets of the 2024-1 Issuer are restricted to be used to settle the obligations of 2024-1 Issuer. The liabilities of the 2024-1 Issuer are only the obligations of the 2024-1 Issuer and the creditors (or beneficial interest holders) do not have recourse to the Company. March 31, 2025December 31, 2024ASSETSInvestments at fair valueNon-controlled/non-affiliated investments$732,581 $736,551 Total investments at fair value732,581 736,551 Cash and cash equivalents (restricted cash of $67,699 and $2,499, respectively)67,699 2,499 Interest receivable from non-controlled/non-affiliated investments14,534 8,268 Total assets$814,814 $747,318 LIABILITIESDebt (net of unamortized debt issuance costs of $2,366 and $2,417, respectively)$455,134 $455,083 Interest payable9,984 3,125 Total liabilities$465,118 $458,208 

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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)

The Company’s outstanding debt obligations were as follows:March 31, 2025Aggregate Principal CommittedOutstanding PrincipalCarrying Value (net of unamortized issuance costs, premiums and discounts)Unamortized Debt Issuance Costs (including premiums and discounts)Unused Portion (1)Amount Available (2)Jackson Hole Funding Facility (3)$500,000 $399,874 $399,874 $— $100,126 $100,126 Breckenridge Funding Facility1,175,000 600,350 600,350 — 574,650 574,650 Big Sky Funding Facility650,000 439,650 439,650 — 210,350 210,350 BXSL 2025-1 Facility400,000 — — — 400,000 400,000 Revolving Credit Facility (4)2,225,000 1,117,076 1,117,076 — 1,107,924 1,107,924 2026 Notes800,000 800