Business
Blackstone Secured Lending Fund Reports First Quarter 2025 Results
NEW YORK, May 07, 2025--Blackstone Secured Lending Fund (NYSE: BXSL or the "Company") today reported its first quarter 2025 results.
About this update from Blackstone Secured Lending Fund
[{"type":"text","content":"NEW YORK, May 07, 2025--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL or the "Company") today reported its first quarter 2025 results.","length":159,"tagName":"p"},{"type":"text","content":"Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, "Despite recent market volatility, BXSL reported another strong quarter with net investment income per share of $0.83, covering our dividend at 108%. Credit performance remained healthy with minimal non-accruals, underpinned by a 98.2% first lien senior secured debt portfolio with a loan-to-value ratio of 47.4%. In periods of uncertainty, we may utilize Blackstone’s significant scale and competitive advantages to benefit BXSL’s portfolio companies and our shareholders."","length":587,"tagName":"p"},{"type":"text","content":"Blackstone Secured Lending Fund issued a full detailed presentation of its first quarter 2025 results, which can be viewed at www.bxsl.com.","length":139,"tagName":"p"},{"type":"text","content":"Dividend DeclarationThe Company's Board of Trustees has declared a second quarter 2025 dividend of $0.77 per share to shareholders of record as of June 30, 2025, payable on or about July 25, 2025.","length":201,"tagName":"p"},{"type":"text","content":"Quarterly Investor Call DetailsBlackstone Secured Lending Fund will host its conference call today at 9:30 a.m. ET to discuss results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1715275&tp_key=98e644a094.","length":270,"tagName":"p"},{"type":"text","content":"For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of BXSL’s website at https://ir.bxsl.com.","length":150,"tagName":"p"},{"type":"text","content":"About Blackstone Secured Lending FundBlackstone Secured Lending Fund (NYSE: BXSL) is a specialty finance company that invests primarily in the debt of private U.S. companies. As of March 31, 2025, BXSL’s fair value of investments was approximately $12.8 billion. BXSL has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. BXSL is externally managed by Blackstone Private Credit Strategies LLC, an SEC-registered investment adviser that is an affiliate of Blackstone In...