Company: BXSL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001736035-25-000021
Chunk: 4

Company: Blackstone Secured Lending Fund
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 (Loss)Total Net AssetsBalance, June 30, 2024$198 $5,064,855 $329,520 $5,394,573 Issuance of Common Shares, net of offering and underwriting costs11 310,257 — 310,268 Reinvestment of dividends (1)— 5,074 — 5,074 Net investment income after tax expense— — 185,903 185,903 Net change in unrealized appreciation (depreciation), net of income tax (provision) benefit— — (19,130)(19,130)Net realized gain (loss), net of tax expense— — (15,109)(15,109)Dividends declared and payable from net investment income— — (160,912)(160,912)Balance, September 30, 2024$209 $5,380,186 $320,272 $5,700,667 

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 costs23 662,378 — 662,401 Reinvestment of dividends (1)— 15,981 — 15,981 Net investment income after tax expense— — 524,849 524,849 Net change in unrealized appreciation (depreciation), net of income tax (provision) benefit— — 13,720 13,720 Net realized gain (loss), net of tax expense— — (6,964)(6,964)Dividends declared and payable from net investment income— — (461,361)(461,361)Balance, September 30, 2024$209 $5,380,186 $320,272 $5,700,667 

(1)The par amount of the shares is less than 1,000 and rounds to zero.

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

6

Table of ContentsBlackstone Secured Lending FundCondensed Consolidated Statements of Cash Flows(in thousands)(Unaudited)

Nine Months Ended September 30, 20252024Cash flows from operating activities:Net increase