Company: BXSL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001736035-25-000018
Chunk: 91

Company: Blackstone Secured Lending Fund
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 91
---
 ValueUpfront Payments / ReceiptsChange in Unrealized Appreciation (Depreciation) (1)SMBC Capital Markets, Inc.November 2027 Notes5.88%SOFR +1.38%11/15/2027$400,000 $8,969 $— $4,974 Wells Fargo Bank, N.A.April 2028 Notes5.35%SOFR +1.65%4/13/2028400,000 1,913 — 7,769 Wells Fargo Bank, N.A.April 2028 Notes5.35%SOFR +1.39%4/13/2028300,000 3,718 — 5,027 Wells Fargo Bank, N.A.June 2030 Notes5.30%SOFR +1.46%6/30/2030500,000 8,391 — 8,391 Total Interest Rate Swaps$22,991 $— $26,161 

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

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

48

Table of ContentsBlackstone Secured Lending FundCondensed Consolidated Schedule of InvestmentsDecember 31, 2024(in thousands)(Unaudited)

Investments (1)(19)FootnotesReference Rate and Spread (2)Interest Rate (2)(15)Acquisition DateMaturity DatePar Amount/Units (1)Cost (3)Fair Value% of Net AssetsFirst LienFirst Lien Debt - non-controlled/non-affiliatedAerospace & DefenseAevex Holdings, LLC(4)(5)(11)SOFR +6.00%10.46%4/30/20243/18/2026$47,309 $47,005 $47,309 0.78 %Corfin Holdings, Inc.(4)(10)SOFR +5.25%10.61%2/5/202012/31/2027264,053 262,240 264,053 4.35 Fastener Distribution Holdings LLC(4)(7)(10)SOFR +4.75%9.31%10/31/202411/4/203131,015 30,655 30,