Company: BXSL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001736035-25-000018
Chunk: 89

Company: Blackstone Secured Lending Fund
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 89
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/2028169 — Zeus, LLCRevolver2/8/20303,426 (17)Zeus, LLCDelayed Draw Term Loan2/27/20262,284 — Zorro Bidco, Ltd.Delayed Draw Term Loan8/13/20274,201 — Total Investments$1,866,882 $(5,955)

(8)There are no interest rate floors on these investments.

(9)The interest rate floor on these investments as of June 30, 2025 was 0.50%.

(10)The interest rate floor on these investments as of June 30, 2025 was 0.75%.

(11)The interest rate floor on these investments as of June 30, 2025 was 1.00%.

(12)The interest rate floor on these investments as of June 30, 2025 was 1.25%.

(13)The interest rate floor on these investments as of June 30, 2025 was 1.50%.

(14)The interest rate floor on these investments as of June 30, 2025 was 2.00%.

(15)For unsettled positions the interest rate does not include the base rate.

(16)Under the 1940 Act, the Company would be deemed to “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. Under the 1940 Act, the Company would be deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities. As of June 30, 2025, the Company’s non-controlled/affiliated investments were as follows:Fair Value as of December 31, 2024Gross AdditionsGross ReductionsNet Change in Unrealized Gains (Losses)Net Realized Gain (Loss)Fair Value as of June 30, 2025Dividend and Interest IncomeNon-controlled/affiliated InvestmentsBlackstone Donegal Holdings LP$6,403 $— $— $334 $— $6,737 $— Material Holdings, LLC21,547 865 — (32)— 22,380 1,151 Material Holdings, LLC1,397 148 — (1,152)— 393