Company: BXSL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001736035-25-000018
Chunk: 226

Company: Blackstone Secured Lending Fund
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 226
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353,693 $1,535 $352,158 $28.82 (1)The Company received $1.9 million of proceeds subsequent to June 30, 2024 on July 1, 2024. The amount was recorded as Receivable for shares sold in the Condensed Consolidated Statement of Assets and Liabilities.(2)Represents the net offering price per share after deducting placement fees and commissions and offering expenses.

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Table of ContentsBlackstone Secured Lending FundNotes to Condensed Consolidated Financial Statements(Unaudited)(in thousands, except share amounts, per share data, percentages and as otherwise noted)

Distributions The following table summarizes the Company’s distributions declared and payable for the six months ended June 30, 2025 (dollars in thousands except per share amounts):Date DeclaredRecord DatePayment DatePer Share AmountTotal AmountFebruary 26, 2025March 31, 2025April 25, 2025$0.7700 $175,421 May 7, 2025June 30, 2025July 25, 20250.7700 177,007 Total distributions$1.5400 $352,428 

The following table summarizes the Company’s distributions declared and payable for the six months ended June 30, 2024 (dollars in thousands except per share amounts):Date DeclaredRecord DatePayment DatePer Share AmountTotal AmountFebruary 28, 2024March 31, 2024April 26, 2024$0.7700 $147,743 May 8, 2024June 30, 2024July 26, 20240.7700 152,706 Total distributions$1.5400 $300,449 

Dividend ReinvestmentThe Company has adopted the DRIP, pursuant to which it reinvests all cash dividends declared by the Board on behalf of its shareholders who do not elect to receive their dividends in cash. As a result, if the Board and the Company declares a cash dividend or other distribution, then the Company’s shareholders who have not opted out of the DRIP will have their cash distributions automatically reinvested in additional shares as described below, rather than receiving the cash dividend or other distribution. Starting from the consummation of the IPO, the number of shares to be issued to a shareholder is determined by dividing the total dollar amount of the cash dividend or distribution payable