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Stock impact report

Blackstone Secured Lending Fund Reports Third Quarter 2024 Results

Blackstone Secured Lending Fund (BXSL) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its third quarter 2024 results.Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, “BXSL reported its highest net investment income on a dollar basis and record net asset value per share, along with another active quarter of both commitments and fundings. Credit performance remained strong with minimal non-accruals, underpinned by a 98.7% first lien senior secured debt portfolio with a low loan-to-value ratio of 46.5%. BXSL also received a full-notch credit rating upgrade from Moody’s to Baa2, one of only two publicly traded BDCs with that distinction. BXSL is well positioned in this dynamic market, and we are highly confident in our ability to deploy capital and deliver shareholder value.”Blackstone Secured Lending Fund issued a full detailed presentation of its third quarter 2024 results, which can be viewed at www.bxsl.com.Di Show less Read more
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