<SEC-DOCUMENT>0001193125-24-137424.txt : 20240514
<SEC-HEADER>0001193125-24-137424.hdr.sgml : 20240514
<ACCEPTANCE-DATETIME>20240513190559
ACCESSION NUMBER:		0001193125-24-137424
CONFORMED SUBMISSION TYPE:	497AD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240514
DATE AS OF CHANGE:		20240513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Blackstone Secured Lending Fund
		CENTRAL INDEX KEY:			0001736035
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497AD
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-266323
		FILM NUMBER:		24940928

	BUSINESS ADDRESS:	
		STREET 1:		345 PARK AVENUE
		STREET 2:		31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10154
		BUSINESS PHONE:		212-503-2100

	MAIL ADDRESS:	
		STREET 1:		345 PARK AVENUE
		STREET 2:		31ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10154

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Blackstone / GSO Secured Lending Fund
		DATE OF NAME CHANGE:	20180329
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<TYPE>497AD
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<DESCRIPTION>497AD
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Filed pursuant to Rule 497(a) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration File No. 333-266323 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Rule 482ad </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Blackstone
Secured Lending Fund Prices Public Offering of </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>$400.0 million 5.875% Unsecured Notes due 2027 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">NEW YORK&#151;(BUSINESS WIRE)&#151;May&nbsp;13, 2024&#151;Blackstone Secured Lending Fund (NYSE:BXSL) (&#147;BXSL&#148; or the &#147;Company&#148;) announced
today that it has priced an underwritten public offering of $400.0 million in aggregate principal amount of 5.875% notes due 2027. The notes will mature on November&nbsp;15, 2027 and may be redeemed in whole or in part at BXSL&#146;s option at the
applicable redemption price. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Company expects to use the net proceeds from this offering for general corporate purposes, which may include, among
other things, investing in accordance with our investment objectives and strategies described in the prospectus supplement and the accompanying prospectus described below in greater detail and repaying indebtedness (which will be subject to
reborrowing). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Citigroup Global Markets Inc., Barclays Capital Inc., Goldman Sachs&nbsp;&amp; Co. LLC, RBC Capital Markets, LLC and SMBC Nikko Securities
America, Inc. are acting as joint book-running managers for this offering. The offering is expected to close on May&nbsp;20, 2024, subject to customary closing conditions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investors are advised to carefully consider the investment objectives, risks, charges and expenses of the Company before investing. The pricing term sheet
dated May&nbsp;13, 2024, the preliminary prospectus supplement dated May&nbsp;13, 2024 and the accompanying prospectus dated July&nbsp;26, 2022, each of which have been or will be filed with the Securities and Exchange Commission (&#147;SEC&#148;),
contain this and other information about the Company and should be read carefully before investing. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The information in the pricing term sheet, the
preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. The pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release are not
offers to sell any securities of BXSL and are not soliciting an offer to buy such securities in any state or jurisdiction where such offer and sale is not permitted. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>An effective shelf registration statement relating to these securities is on file with the SEC and is effective. The offering may be made only by means of
a preliminary prospectus supplement and an accompanying prospectus, copies of which may be obtained from the website of the SEC at www.sec.gov or from Citigroup Global Markets Inc. at c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, toll-free: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-800-831-9146,</FONT></FONT></FONT> <FONT STYLE="white-space:nowrap">e-mail</FONT> prospectus@citi.com; Barclays
Capital Inc., Attention: Syndicate Registration, 745 Seventh Avenue, New York, New York 10019, Telephone: <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-888-603-5847,</FONT></FONT></FONT> email:
barclaysprospectus@broadridge.com; Goldman Sachs&nbsp;&amp; Co. LLC, 200 West Street, New York, New York 10282; RBC Capital Markets, LLC at Brookfield Place, 200 Vesey Street, 8<SUP STYLE="font-size:75%; vertical-align:top">th</SUP> Floor, New York,
New York 10281; or SMBC Nikko Securities America, Inc. at 277 Park Avenue, New York, New York 10172, Attn: Debt Capital Markets,
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">1-888-868-6856.</FONT></FONT></FONT> </B></P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Blackstone Secured Lending Fund </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Blackstone Secured Lending Fund (NYSE:BXSL) is a specialty finance company that invests primarily in the debt of private U.S. companies. As of March&nbsp;31,
2024, BXSL&#146;s fair value of investments was approximately $10.4&nbsp;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
Credit BDC Advisors LLC, an <FONT STYLE="white-space:nowrap">SEC-registered</FONT> investment adviser that is an affiliate of Blackstone Inc. Blackstone Inc., together with its subsidiaries, is the world&#146;s largest alternative investment firm
with over $1 trillion of assets under management as of March&nbsp;31, 2024. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements and Other Matters </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Certain information contained in this communication constitutes &#147;forward-looking statements&#148; within the meaning of the federal securities laws and
the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, such as &#147;outlook,&#148; &#147;indicator,&#148; &#147;believes,&#148; &#147;expects,&#148;
&#147;potential,&#148; &#147;continues,&#148; &#147;may,&#148; &#147;can,&#148; &#147;will,&#148; &#147;should,&#148; &#147;seeks,&#148; &#147;approximately,&#148; &#147;predicts,&#148; &#147;intends,&#148; &#147;plans,&#148; &#147;estimates,&#148;
&#147;anticipates&#148;, &#147;confident,&#148; &#147;conviction,&#148; &#147;identified&#148; or the negative versions of these words or other comparable words thereof. These may include BXSL&#146;s financial estimates and their underlying
assumptions, statements about plans, statements regarding pending transactions (including the offering), objectives and expectations with respect to future operations, statements regarding future performance, statements regarding economic and market
trends and statements regarding identified but not yet closed investments. Such <FONT STYLE="white-space:nowrap">forward-looking</FONT> statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors
that could cause actual outcomes or results to differ materially from those indicated in such statements. BXSL believes these factors include but are not limited to those described under the section entitled &#147;Risk Factors&#148; in its
prospectus and annual report for the most recent fiscal year, and any such updated factors included in its periodic filings with the SEC, which are accessible on the SEC&#146;s website at www.sec.gov. These factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary statements that are included in this document (or BXSL&#146;s prospectus and other filings). Except as otherwise required by federal securities laws, BXSL undertakes no
obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Contacts </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Investors </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Stacy Wang, Head of Stakeholder Relations </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Blackstoneshareholderrelations@blackstone.com </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">+1 <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">888-756-8443</FONT></FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Media </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mariel Seidman-Gati </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mariel.seidmangati@blackstone.com </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">+1 <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">917-698-1674</FONT></FONT> </P>
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