Company research
Blackstone Secured Lending Fund
CIK 1736035Updated Nov 6, 2026
SecurityBXSL · NYSE · etf
Name history
Blackstone / GSO Secured Lending Fund · through Dec 3, 2020
BXSL price & chart
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Seeking Alpha
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SEC disclosures
Blackstone Secured Lending Fund files 8-K: Material Event ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 14,256,287,000Source | 12,371,566,000Source | 13,788,668,000Source | 13,710,955,000Source | 11,770,391,000Source | 14,436,610,000Source | 13,968,801,000Source | 10,705,055,000Source | 14,656,463,000Source | 13,472,224,000Source | 10,134,618,000Source | 9,908,995,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 249,891,000Source | 194,177,000Source | 267,155,000Source | 273,678,000Source | 291,292,000Source | 351,276,000Source | 965,005,000Source | 147,656,000Source | 289,605,000Source | 229,606,000Source | 154,857,000Source | 131,272,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 7,986,711,000Source | 6,670,899,000Source | 7,849,935,000Source | 7,422,659,000Source | 6,375,818,000Source | 8,336,930,000Source | 7,727,932,000Source | 5,549,390,000Source | 8,411,288,000Source | 7,395,703,000Source | 5,182,577,000Source | 5,750,029,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 231,000Source | 209,000Source | 233,000Source | 230,000Source | 198,000Source | 232,000Source | 228,000Source | 192,000Source | 232,000Source | 222,000Source | 186,000Source | 160,000Source |
| Additional Paid in CapitalUSD | 6,035,785,000Source | 5,380,186,000Source | 6,064,572,000Source | 6,009,106,000Source | 5,064,855,000Source | 6,055,864,000Source | 5,939,716,000Source | 4,869,433,000Source | 6,047,750,000Source | 5,749,762,000Source | 4,701,827,000Source | 4,033,113,000Source |
| Retained Earnings (Accumulated Deficit)USD | 233,560,000Source | 320,272,000Source | -126,072,000Source | 278,960,000Source | 329,520,000Source | 43,584,000Source | 300,925,000Source | 286,040,000Source | 197,193,000Source | 326,537,000Source | 250,028,000Source | 125,693,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,269,576,000Source | 5,700,667,000Source | 5,938,733,000Source | 6,288,296,000Source | 5,394,573,000Source | 6,099,680,000Source | 6,240,869,000Source | 5,155,665,000Source | 6,245,175,000Source | 6,076,521,000Source | 4,952,041,000Source | 4,158,966,000Source |
| Liabilities and EquityUSD | 14,256,287,000Source | 12,371,566,000Source | 13,788,668,000Source | 13,710,955,000Source | 11,770,391,000Source | 14,436,610,000Source | 13,968,801,000Source | 10,705,055,000Source | 14,656,463,000Source | 13,472,224,000Source | 10,134,618,000Source | 9,908,995,000Source |
| Additional Financial Items | ||||||||||||
| Long-term DebtUSD | 7,656,956,000Source | 6,389,094,000Source | 7,536,067,000Source | 7,090,550,000Source | 6,084,261,000Source | 8,033,886,000Source | 7,383,118,000Source | 5,274,114,000Source | 8,080,129,000Source | 7,056,091,000Source | 4,911,930,000Source | 5,527,715,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 249,257,000Source | 424,664,000Source | -458,657,000Source | -2,526,294,000Source | 458,815,000Source | 672,948,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | — | — | 0Source | 0Source | 263,017,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -184,208,000Source | 310,120,000Source | 530,608,000Source | 2,602,105,000Source | -432,161,000Source | -648,179,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 249,891,000Source | 194,177,000Source | 267,155,000Source | 273,678,000Source | 351,276,000Source | 965,005,000Source | 289,605,000Source | 229,606,000Source | 154,857,000Source | 131,272,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 113,467,000Source | 104,074,000Source | 72,679,000Source | 68,885,000Source | 115,628,000Source | 96,301,000Source | 353,478,000Source | 297,469,000Source | 256,478,000Source | 182,152,000Source |
| Additional Financial Items | ||||||||||||
| Accretion ExpenseUSD | — | — | — | — | — | — | — | — | — | — | — | 9,255,000Source |
| Amortization of Deferred ChargesUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 3,935,000Source | 3,350,000Source | 15,238,000Source | — | — | 10,405,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | 3,943,000Source | 2,587,000Source | 4,515,000Source | 3,734,000Source | 3,935,000Source | 3,350,000Source | 15,238,000Source | 9,899,000Source | 9,336,000Source | — |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | — | — | — | — | 1,161,000Source | 8,525,000Source | 10,000Source | -18,976,000Source | -6,205,000Source | 37,402,000Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | — | — | — | — | — | — | -157,611,000Source | -40,754,000Source | -149,141,000Source | -14,182,000Source | -50,841,000Source | -126,493,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | — | — | — | — | — | -1,776,000Source | 0Source | -13,420,000Source | — | — | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | — | — | — | — | -735,000Source | 282,000Source | 852,000Source | 567,000Source | -3,732,000Source | 4,344,000Source |
| Investment Income, InterestUSD | — | — | 6,200,000Source | 1,600,000Source | 4,400,000Source | 1,700,000Source | 2,500,000Source | 12,900,000Source | 24,400,000Source | 4,700,000Source | 19,300,000Source | 4,900,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 132,437,000Source | 151,664,000Source | 9,486,000Source | 155,042,000Source | 25,246,000Source | 149,809,000Source | 563,455,000Source | 694,097,000Source | 611,951,000Source | 404,556,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 0Source | 189,235,000Source | 295,447,000Source | 1,037,027,000Source | 665,260,000Source | 0Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | — | — | — | 2,943,000Source | -1,921,000Source | -3,086,000Source | 2,401,000Source | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | — | — | 132,437,000Source | 151,664,000Source | 9,486,000Source | 155,042,000Source | 25,246,000Source | 149,809,000Source | 563,455,000Source | 694,097,000Source | 611,951,000Source | 404,556,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.57Source | 0.75Source | 0.04Source | 0.68Source | 0.11Source | 0.66Source | 2.46Source | 3.45Source | 3.65Source | 2.44Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.57Source | 0.75Source | 0.04Source | 0.68Source | 0.11Source | 0.66Source | 2.46Source | 3.45Source | 3.65Source | 2.44Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 230,462,792Source | 203,419,337Source | 232,557,932Source | 228,192,335Source | 232,203,849Source | 226,577,167Source | 229,162,028Source | 201,372,008Source | 167,615,433Source | 166,072,919Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 230,462,792Source | 203,419,337Source | 232,557,932Source | 228,192,335Source | 232,203,849Source | 226,577,167Source | 229,162,028Source | 201,372,008Source | 167,615,433Source | 166,072,919Source |
| Additional Financial Items | ||||||||||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.77Source | 0.77Source | 0.77Source | 0.77Source | 0.77Source | 0.77Source | 3.08Source | 3.08Source | 2.94Source | 2,910Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | — | — | — | — | 1,161,000Source | 8,525,000Source | 10,000Source | -18,976,000Source | -6,205,000Source | 37,402,000Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | — | — | — | — | — | — | -157,611,000Source | -40,754,000Source | -149,141,000Source | -14,182,000Source | -50,841,000Source | -126,493,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | — | — | — | — | — | — | -1,776,000Source | 0Source | -13,420,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 94,691,000Source | 88,191,000Source | 101,070,000Source | 92,285,000Source | 100,169,000Source | 92,976,000Source | 381,641,000Source | 326,133,000Source | 266,420,000Source | 203,579,000Source |
| Investment Company, Contractual Fee WaivedUSD | — | — | — | 0Source | — | — | — | — | 0Source | 0Source | 20,194,000Source | 25,427,000Source |
| Investment Income, InterestUSD | — | — | 6,200,000Source | 1,600,000Source | 4,400,000Source | 1,700,000Source | 2,500,000Source | 12,900,000Source | 24,400,000Source | 4,700,000Source | 19,300,000Source | 4,900,000Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | — | — | 189,474,000Source | 185,903,000Source | 173,785,000Source | 175,902,000Source | 178,914,000Source | 188,796,000Source | 739,942,000Source | 707,595,000Source | 653,905,000Source | — |
| Management Fee ExpenseUSD | — | — | 34,959,000Source | 30,177,000Source | 35,282,000Source | 34,600,000Source | 36,366,000Source | 34,301,000Source | 140,001,000Source | 116,616,000Source | 98,122,000Source | 101,707,000Source |
| Net Investment IncomeUSD | — | — | 193,706,000Source | 189,831,000Source | 178,201,000Source | 179,700,000Source | 183,004,000Source | 192,965,000Source | 756,046,000Source | 722,119,000Source | 670,700,000Source | 485,162,000Source |
| Other General and Administrative ExpenseUSD | — | — | 1,497,000Source | 740,000Source | 1,815,000Source | 1,220,000Source | 1,006,000Source | 1,063,000Source | 5,018,000Source | 3,554,000Source | 6,115,000Source | 6,343,000Source |
Filing attachments
ea0310494-01_ex991.htm · 8-K · 2026-11-04
Exhibit 99.1 Blackstone Secured Lending Fund Reports Third Quarter 2026 Results NEW YORK - November 4, 2026 - Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its third quarter 2026 results. Brad Marshall, Chief Executive Officer of Blackstone Secured Lending Fund, said, “BXSL delivered net investment income of $0.68 per share in the third quarter, a 10.7% annualized yield on NAV. Results were supported by our predominantly first - lien, floating rate portfolio, with…
Read attachment ↗ea0300654-01_ex991.htm · 8-K · 2026-08-06
EX-99.1 2 ea0300654-01_ex991.htm EXHIBIT 99.1 Exhibit 99.1 NEW YORK - August 6, 2026 - Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its second quarter 2026 results. Brad Marshall, Chief Executive Officer of Blackstone Secured Lending Fund, said, “BXSL reported healthy second - quarter earnings with no new assets placed on non - accrual. During the quarter, new investment activity exceeded $300 million, while repayments increased to over $700 million. Our port…
Read attachment ↗ea029176601ex4-2_blackstone.htm · 8-K · 2026-05-21
EX-4.2 3 ea029176601ex4-2_blackstone.htm EXHIBIT 4.2 Exhibit 4.2 ELEVENTH SUPPLEMENTAL INDENTURE between BLACKSTONE SECURED LENDING FUND AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee Dated as of MAY 21, 2026 ELEVENTH SUPPLEMENTAL INDENTURE THIS ELEVENTH SUPPLEMENTAL INDENTURE (this “Eleventh Supplemental Indenture”), dated as of May 21, 2026 (the “Issue Date”), is between Blackstone Secured Lending Fund, a Delaware statutory trust (the “Company”), and U.S. Bank Trust …
Read attachment ↗ea0289403-01_ex991.htm · 8-K · 2026-05-07
EX-99.1 2 ea0289403-01_ex991.htm EXHIBIT 99.1 Exhibit 99.1 NEW YORK - May 7, 2026 - Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its first quarter 2026 results. Brad Marshall, Co - Chief Executive Officer of Blackstone Secured Lending Fund, said, “BXSL reported another strong quarter despite recent market volatility, with net investment income per share fully covering our dividend per share of $0.77, representing an 11.7% annualized dividend yield on NAV of $…
Read attachment ↗