Company: BXSL
Filing Date: 2025-07-11
Form Type: N-2ASR
Source: 0001213900-25-063269
Chunk: 39

Company: Blackstone Secured Lending Fund
Filing Date: 2025-07-11
Form: N-2ASR
Chunk 39
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term) for the one -yearperiod ending October 31 in that calendar year; and •any income realized, but not distributed, in prior years. For this purpose, however, any ordinary income or capital gain net income retained by the Company that is subject to corporate income tax is considered to have been distributed. We have previously incurred, and may incur in the future, excise tax on a portion of our income and gains. While we intend to distribute income and capital gains to minimize exposure to the 4% excise tax, we may not be able to, or may not choose to, distribute amounts sufficient to avoid the imposition of the tax entirely. In that event, we will be liable for the tax only on the amount by which we do not meet the foregoing distribution requirement. 31

Distributions We generally intend to distribute, out of assets legally available for distribution, substantially all of our available earnings, on a quarterly basis, as determined by the Board in its discretion. The following table summarizes our distributions declared and payable for the fiscal years ended December 31, 2023 and 2024 and for the fiscal quarter ended March 31, 2025 (dollars in thousands except per share amounts):

| For the fiscal quarter  
 ended March 31, 2025    
 February 26, 2025       |     | Date Declared      
 March 31, 2025     |     | Record Date      
 April 25, 2025   |     | Payment Date | 0.7700 | Per Share Amount |   | 175,421 | Total Amount |
|:------------------------|:----|:-------------------|:----|:-----------------|:----|:-------------|-------:|:-----------------|:--|--------:|:-------------|
| Total distributions     |     |                    |     |                  |     | $            | 0.7700 |                  | $ | 175,421 |              |
| For the fiscal year     
 ended December 31, 2024 |     |                    |     |                  |     |              |        |                  |   |         |              |
| February 28, 2024       |     | March 31, 2024     |     | April 26, 2024   |     |              | 0.7700 |                  |   | 147,743 |              |
| May 8, 2024             |     | June 30, 2024      |