Company: BXSL
Filing Date: 2025-10-08
Form Type: 424B2
Source: 0001213900-25-097397
Chunk: 23

Company: Blackstone Secured Lending Fund
Filing Date: 2025-10-08
Form: 424B2
Chunk 23
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 our option payment of interest may be made by check mailed to the address of the person entitled thereto as such address will appear in the security register. A holder of Notes may transfer or exchange Notes at the office of the security registrar in accordance with the indenture. The security registrar and the trustee may require a holder, among other things, to furnish appropriate endorsements and transfer documents. No service charge will be imposed by us, the trustee or the security registrar for any registration of transfer or exchange of Notes, but we may require a holder to pay a sum sufficient to cover any transfer tax or other similar governmental charge required by law or permitted by the indenture. The registered holder of a Note will be treated as its owner for all purposes. Interest The Notes will bear cash interest at a rate of 5.125% per year until maturity. Interest on the Notes will accrue from October14, 2025. Interest on the Notes will be payable semi -annuallyin arrears on January 31 and July 31 of each year, beginning on January31, 2026. Interest on the Notes will be paid to the person in whose name a Note is registered at 5:00 p.m. New York City time, or the close of business, on January 15 or July15, as the case may be, immediately preceding the relevant interest payment date. Interest on the Notes will be computed on the basis of a 360 -dayyear composed of twelve 30 -daymonths. If any interest payment date, redemption date, the maturity date or any earlier required repurchase date upon a Change of Control Repurchase Event (defined below) of a Note falls on a day that is not a business day, the required payment will be made on the next succeeding business day and no interest on such payment will accrue in respect of the delay. The term “business day” means, with respect to any Note, any day other than a Saturday, a Sunday or a day on which banking institutions in New York are authorized or obligated by law or executive order to close. Ranking The Notes will be our general unsecured obligations that rank: •senior in right of payment to all of our existing and future indebtedness that is expressly subordinated in right of payment to the Notes; • pari passu, or equal, in right of payment with all of our existing and future liabilities that are not so subordinated, or junior, including without limitation, our Existing Unsecured Notes; S-18 •effectively subordinated,