Blackstone Secured Lending Fund Reports Second Quarter 2023 Results
Blackstone Secured Lending Fund (NYSE: BXSL, or the “Company”) today reported its second quarter 2023 results. Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, “BXSL reported another quarter of strong results marked by record net investment income, growth in net asset value and continued healthy credit performance. As a result, the Company announced a 10% increase of the regular quarterly distribution to $0.77 per share, which represents an annualized yield of 11.7% based on second quarter net asset value per share. BXSL’s performance is supported by its 98% first lien senior secured portfolio with minimal non-accruals and investments that we believe reflect extremely strong fundamentals.”