Company: BXSL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001736035-25-000018
Chunk: 372

Company: Blackstone Secured Lending Fund
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 372
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information presented herein is at amortized cost unless otherwise indicated) (dollar amounts in thousands):As of and for the three months ended June 30,20252024Investments:Total investments, beginning of period$12,952,035$10,496,753New investments purchased530,481890,601Payment-in-kind interest capitalized20,35022,717Net accretion of discount on investments11,1359,627Net realized gain (loss) on investments(1,232)195Investments sold or repaid(185,410)(89,424)Total investments, end of period $13,327,359$11,330,469Amount of investments funded at principal:First lien debt$538,575$902,786Second lien debt434—Equity1,4773Total$540,486$902,789Proceeds from investments sold or repaid:First lien debt$(184,518)$(89,424)Second lien debt(662)— Equity(230)— Total$(185,410)$(89,424)Number of new investments in new portfolio companies15 23 Average new investment commitment amount$22,520 $27,357 Weighted average yield of new investments 9.8 %10.9 %Weighted average yield on investments fully sold or paid down10.3 %11.7 %June 30, 2025December 31, 2024Number of portfolio companies295 276 Weighted average yield on performing debt and income producing investments, at amortized cost (1)(2)10.2 %10.3 %Weighted average yield on performing debt and income producing investments, at fair value (1)(2)10.2 %10.4 %Average loan-to-value (LTV) (3)46.9 %46.0 %Percentage of performing debt investments bearing a floating rate (4)99.8 %99.8 %Percentage of performing debt investments bearing a fixed rate (4)0.2 %0.2 %Percentage of assets on non-accrual, at amortized cost (5)0.3 %0.3 %

(1)Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts or less the annual amortization of premiums, as applicable, on accruing debt included in such securities, divided by (b) total debt