Company: BXSL
Filing Date: 2025-07-11
Form Type: 424B2
Source: 0001213900-25-063323
Chunk: 69

Company: Blackstone Secured Lending Fund
Filing Date: 2025-07-11
Form: 424B2
Chunk 69
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 31, 2025. (18)These loans are “last -out” portions of loans. The “last -out” portion of the Company’s loan investment generally earns a higher interest rate than the “first -out” portion, and in exchange the “first -out” portion would generally receive priority with respect to payment principal, interest and any other amounts due thereunder over the “last -out” portion. (19)All securities are exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities.” As of March 31, 2025, the aggregate fair value of these securities is $12,834.2 million or 205.61% of the Company’s net assets. The initial acquisition dates have been included for such securities. (20)The interest rate floor on these investments as of March 31, 2025 was 3.00%.

110

ADDITIONAL INFORMATION

| Foreign Currency Forward Contracts       
 Counterparty                             |     | Currency  
 Purchased |        |     | Currency Sold |     |         |     | Settlement Date |     | Unrealized     
 Appreciation   
 (Depreciation) |      |   |
|:-----------------------------------------|:----|:----------|-------:|:----|:--------------|:----|--------:|:----|:----------------|:----|:---------------|-----:|:--|
| Wells Fargo Bank, N.A.                   |     | USD       | 55,804 |     | CAD           |     |  80,000 |     | 6/18/2025       |     | $              |  (47 | ) |
| Wells Fargo Bank, N.A.                   |     | USD       | 71,312 |     | EUR           |     |  65,250 |     | 6/18/2025       |     |                |  571 |   |
| Wells Fargo Bank, N.A.                   |     | USD       | 38,090 |     | GBP           |     |  29,500 |     | 6/18/2025       |     |                |   63 |   |
| Wells Fargo Bank, N.A.                   |     | USD       | 13,277 |     | SEK           |     | 133,956 |     | 6/18/2025       |     |                | (