Company: BXSL
Filing Date: 2025-10-08
Form Type: 424B2
Source: 0001213900-25-097397
Chunk: 21

Company: Blackstone Secured Lending Fund
Filing Date: 2025-10-08
Form: 424B2
Chunk 21
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 they, and not this description, define your rights as a holder of the Notes. You may request a copy of the indenture from us by making a written request to Blackstone Secured Lending Fund, 345 Park Avenue, 31 st Floor, New York, NY 10154 or by calling us at (212) 503 -2100 . In addition, the SEC maintains a website at www.sec.gov that contains information we file with the SEC, including the indenture. For purposes of this description, references to “we,” “our” and “us” refer only to Blackstone Secured Lending Fund and not to any of its current or future subsidiaries and references to “subsidiaries” refer to our consolidated subsidiaries and exclude any investments held by Blackstone Secured Lending Fund in the ordinary course of business which are not, under GAAP, consolidated on the financial statements of Blackstone Secured Lending Fund and its subsidiaries. Such references also include entities that engage in investment activities in securities or other assets that are primarily controlled by the Company. The Company complies with the provisions of the 1940 Act governing investment policies, capital structure, and leverage on an aggregate basis with its subsidiaries, and it treats subsidiary debt as its own. The principal investment strategies of the subsidiaries are substantially similar to those of the Company. The Company and its subsidiaries comply with provisions of the 1940 Act relating to affiliated transactions and custody. General The Notes: •will be our general unsecured, senior obligations; •will initially be issued in an aggregate principal amount of $500,000,000; •will mature on January31, 2031, unless earlier redeemed or repurchased, as discussed below; •will bear cash interest from October14, 2025, at an annual rate of 5.125% payable semiannually in arrears on January 31 and July 31 of each year, beginning on January31, 2026; •will be subject to redemption at our option as described in this prospectus supplement under the caption “— Optional Redemption;” •will be subject to repurchase by us at the option of the holders following a Change of Control Repurchase Event (as defined in this prospectus supplement under the caption “ — Offer to Repurchase Upon a Change of Control Repurchase Event”), at a repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the date of repurchase;