Company: BXSL
Filing Date: 2025-07-11
Form Type: N-2ASR
Source: 0001213900-25-063269
Chunk: 40

Company: Blackstone Secured Lending Fund
Filing Date: 2025-07-11
Form: N-2ASR
Chunk 40
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33 THE COMPANY The information included under the captions “Business—Our Company” in Part I, Item 1 of our most recent Annual Report on Form 10 -Kand “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I, Item 2 of our most recent Quarterly Report on Form 10 -Qis incorporated herein by reference. 34 SENIOR SECURITIES Information about the Company’s senior securities included under the captions “Consolidated Financial Statements and Supplementary Data—Notes to Consolidated Financial Statements—Note 11. Financial Highlights and Senior Securities” in Part II, Item 8 of our most recent Annual Report on Form 10 -Kand “Financial Statements—Notes to Condensed Consolidated Financial Statements (Unaudited)—Note 11. Financial Highlights and Senior Securities” in Part I, Item 1 of our most recent Quarterly Report on Form 10 -Qis incorporated by reference herein. The report of Deloitte & Touche LLP, our independent registered public accounting firm, is included in our most recent Annual Report on Form 10 -Kand is incorporated by reference herein. 35

PORTFOLIO COMPANIES The following table sets forth certain information as of March31, 2025 for each portfolio company in which the Company had an investment. Percentages shown for class of securities held by the Company represent percentage of the class owned and do not necessarily represent voting ownership or economic ownership. The Board approved the valuation of the Company’s investment portfolio, as of March31, 2025, at fair value as determined in good faith using a consistently applied valuation process in accordance with the Company’s documented valuation policy that has been reviewed and approved by the Board, who also approves in good faith the valuation of such securities as of the end of each quarter. For more information relating to the Company’s investments, see the Company’s financial statements incorporated by reference in this prospectus.

| Investments(1)(19)                     
 First Lien                             
 First Lien Debt – non-controlled/      
 non-affiliated                         
 Aerospace & Defense                    |     | Address                                                                                      |     |    Footnotes |     | Reference Rate 
 and Spread(2)  |     | Interest    
 Rate(2)(15) |     | Acquisition 
 Date        |     | Maturity   
 Date       |     | % of       
 Class Held 
 as of      
 3/31/2025  |     | Par             
 Amount/Units(1) |     |         |     | Cost(3