Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 485

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 485
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 procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

/s/ DELOITTE & TOUCHE LLP

New York, New York

February 26, 2025

133

Table of ContentsBlackstone Secured Lending FundConsolidated Statements of Assets and Liabilities(in thousands, except share and per share amounts)

 December 31, 2024December 31, 2023ASSETS Investments at fair value Non-controlled/non-affiliated investments (cost of $13,166,677 and $9,934,158, respectively)$13,063,171 $9,862,650 Non-controlled/affiliated investments (cost of $26,542 and $1, respectively)29,347 5,790 Total investments at fair value (cost of $13,193,219 and $9,934,159, respectively)13,092,518 9,868,440 Cash and cash equivalents (restricted cash of $2,499 and $—, respectively)229,606 154,857 Interest receivable from non-controlled/non-affiliated investments112,046 93,576 Interest receivable from non-controlled/affiliated investments6 — Receivable from broker4,807 — Deferred financing costs21,865 16,450 Receivable for investments2,976 1,295 Receivable for shares sold4,405 — Derivative assets at fair value (Note 6)3,995 — Total assets$13,472,224 $10,134,618 LIABILITIESDebt (net of unam