Company: BXSL
Filing Date: 2025-10-06
Form Type: 424B2
Source: 0001213900-25-096307
Chunk: 44

Company: Blackstone Secured Lending Fund
Filing Date: 2025-10-06
Form: 424B2
Chunk 44
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 securities; •a person liable for alternative minimum tax; •a partnership or other pass -throughentity (or an investor in such an entity); •a U.S. holder that holds Notes through a non -U.S. broker or other non -U.S. intermediary; •a U.S. holder whose “functional currency” is not the U.S. dollar; •a “controlled foreign corporation”; •a “passive foreign investment company”; S-30 •a person required to accelerate the recognition of any item of gross income with respect to the Notes as a result of such income being recognized on an applicable financial statement; or •a United States expatriate. This summary is based on the Code, United States Treasury regulations, administrative rulings and judicial decisions as of the date hereof. Those authorities may be changed, possibly on a retroactive basis, so as to result in United States federal income tax considerations different from those summarized below. We have not sought and will not seek any rulings from the Internal Revenue Service (“IRS”) regarding the matters discussed below. There can be no assurance that the IRS will not take positions concerning the tax considerations of the purchase, ownership or disposition of the Notes that are different from those discussed below. This summary does not represent a detailed description of the United States federal income tax considerations for you in light of your particular circumstances, and does not address any United States federal taxes other than income taxes (such as estate and gift taxes), the Medicare tax on certain investment income or any state, local or non -U.S. tax laws. It is not intended to be, and should not be construed to be, legal or tax advice to any particular purchaser of Notes. We expect, and this summary assumes, that the Notes will be issued with less than a de minimisamount of original issue discount. If you are considering the purchase of Notes, you should consult your own tax advisors concerning the particular United States federal income tax considerations for you of the purchase, ownership and disposition of the Notes, as well as the consequences to you arising under other United States federal tax laws and the laws of any other taxing jurisdiction. Certain Tax Considerations for U.S. Holders The following is a summary of certain United States federal income tax considerations that will apply for U.S. holders of the Notes. Stated Interest.Stated interest on the Notes generally will be taxable to you as ordinary income at the time it is received or accrued, depending on your method of accounting for United States federal income tax purposes. Sale, Exchange, Retirement,