Company: BXSL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001736035-25-000013
Chunk: 2

Company: Blackstone Secured Lending Fund
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
iliated investments8,525 428 Derivative instruments (Note 6)(2,055)— Foreign currency transactions(987)5,715 Current tax expense on realized gains(596)— Net realized gain (loss)4,887 6,143 Net realized and change in unrealized gain (loss)(38,987)17,909 Net increase (decrease) in net assets resulting from operations$149,809 $183,755 Net investment income per share (basic and diluted)$0.83 $0.87 Earnings (loss) per share (basic and diluted)$0.66 $0.96 Weighted average shares outstanding (basic and diluted)226,577,167 190,599,849 The accompanying notes are an integral part of these condensed consolidated financial statements.

4

Table of ContentsBlackstone Secured Lending FundCondensed Consolidated Statements of Changes in Net Assets(in thousands)(Unaudited)

Par AmountAdditional Paid in CapitalDistributable Earnings (Loss)Total Net AssetsBalance, December 31, 2024$222 $5,749,762 $326,537 $6,076,521 Issuance of common shares, net of offering and underwriting costs6 184,824 — 184,830 Reinvestment of dividends (1)— 5,130 — 5,130 Net investment income— — 188,796 188,796 Net realized gain (loss)— — 4,887 4,887 Net change in unrealized appreciation (depreciation)— — (43,874)(43,874)Dividends declared and payable from net investment income— — (175,421)(175,421)Balance, March 31, 2025$228 $5,939,716 $300,925 $6,240,869 

Par AmountAdditional Paid in CapitalDistributable Earnings (Loss)Total Net AssetsBalance, December 31, 2023$186 $4,701,827 $250,028 $4,952,041 Issuance of common shares, net of offering and underwriting costs6 161,992 — 161,998 Reinvestment of dividends (1)— 5,614 — 5,614 Net investment income— — 165,846 165,846 Net realized