Business
Blackstone Secured Lending Fund Reports First-Quarter 2026 Results
NEW YORK, May 07, 2026--Blackstone Secured Lending Fund (NYSE: BXSL or the "Company") today reported its first-quarter 2026 results.
About this update from Blackstone Secured Lending Fund
[{"type":"text","content":"NEW YORK, May 07, 2026--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL or the "Company") today reported its first-quarter 2026 results.","length":159,"tagName":"p"},{"type":"text","content":"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 $26.26 per share. New investment activity was nearly $325 million while repayments grew to nearly $450 million. While non-accruals increased during the quarter from historically low levels, our portfolio of primarily first-lien senior secured debt remains well positioned, underpinned by high single-digit percent LTM EBITDA growth across our borrowers and stable interest coverage ratios of 2.0x. Overall, we believe performance continues to be supported by high current income, senior positioning with strong documentation protection, and proactive portfolio management."","length":882,"tagName":"p"},{"type":"text","content":"Blackstone Secured Lending Fund issued a full detailed presentation of its first quarter 2026 results, which can be viewed at www.bxsl.com.","length":139,"tagName":"p"},{"type":"text","content":"Dividend Declaration","length":20,"tagName":"p"},{"type":"text","content":"The Company's Board of Trustees has declared a second quarter 2026 dividend of $0.77 per share to shareholders of record as of June 30, 2026, payable on or about July 24, 2026.","length":180,"tagName":"p"},{"type":"text","content":"Quarterly Investor Call Details","length":31,"tagName":"p"},{"type":"text","content":"Blackstone 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=1759712&tp_key=af0b41e04f","length":237,"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 Fund","length":37,"tagName":"p"},{"type":"text","content":"Blackstone Secured Lending Fund (N...