Blackstone Secured Lending Fund
BXSL
ISIN null / Valor 114489845
Blackstone Secured Lending Fund
UMushroom community rating:
About company
Blackstone Secured Lending Fund (NYSE: BXSL) operates as a business development company (BDC) that focuses on investing in the first lien senior secured debt of private U.S. companies. As part of Blackstone's broader credit and insurance division, the fund aims to provide capital solutions to middle-market companies, facilitating their growth and operational needs. By concentrating on senior secured loans, BXSL seeks to offer a relatively lower-risk investment profile, prioritizing capital preservation and stable income generation for its investors. The fund is part of Blackstone's extensive network, leveraging the firm's expertise and resources in private credit markets to identify and manage investment opportunities.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.11.2025):
Blackstone Secured Lending Fund reported its Third Quarter 2024 financial results, marking a period of record net asset value per share and highest net investment income on a dollar basis. The company demonstrated robust performance with strong credit metrics, evidenced by a primarily first lien senior secured debt portfolio and a notable credit rating upgrade by Moody’s.
Strong Financial Performance
For the third quarter of 2024, Blackstone Secured Lending Fund achieved its highest net investment income in absolute dollar terms, along with a record net asset value per share, reflecting effective management and capital deployment in a dynamic market.
Credit Performance & Rating Upgrade
Credit performance remained solid with minimal non-accrual issues and a 98.7% first lien senior secured debt portfolio, maintained at a low loan-to-value ratio of 46.5%. In addition, Moody’s upgraded the Credit Rating to Baa2, setting the company apart as one of only two publicly traded BDCs with this distinction.
Dividend Declaration & Investor Engagement
The Board of Trustees has declared a fourth quarter 2024 dividend of $0.77 per share, with the payment scheduled around January 24, 2025. Additionally, Blackstone Secured Lending Fund is engaging with investors through a scheduled conference call to discuss these results.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
6083 M
Market cap (USD)
1,315,306
Daily traded volume (Shares)
33.25 / 33
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
