Loan & DebtMay 21, 2026, 04:14 PM
Blackstone Secured Lending Fund Issues $650M 5.900% Notes Due 2031
AI Summary
Blackstone Secured Lending Fund issued $650 million in 5.900% notes due 2031, formalized through an Eleventh Supplemental Indenture. These general unsecured notes will mature on May 21, 2031, and will pay interest semi-annually. The indenture includes covenants requiring compliance with asset coverage requirements and provisions for a change of control repurchase event.
Key Highlights
- Issued $650,000,000 in 5.900% notes due 2031.
- Notes mature on May 21, 2031.
- Interest rate is 5.900% per year.
- Interest payable semi-annually on May 21 and November 21.
- Notes are general unsecured obligations of the Fund.
- Transaction closed on May 21, 2026.
Price Impact
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