Blackstone Secd Lending Fd Stock Price, News & Analysis

Blackstone Secured Lending Fund (NYSE:BXSL) will host its fourth quarter and full year 2022 investor conference call on February 27, 2023, at 9:30 a.m. ET. The company will release its fourth quarter results before the call on the same day. As of September 30, 2022, BXSL's fair value of investments was approximately $9.7 billion. The firm is managed by Blackstone Credit BDC Advisors LLC, an affiliate of Blackstone Inc., which reported $975 billion in assets under management as of December 31, 2022. Interested investors can register for the call via the provided link or access a replay on BXSL's website.

Blackstone (NYSE: BX) has appointed Brad Marshall as the Global Head of Private Credit Strategies, enhancing his role as Chairman and co-CEO of its BDCs, Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL). Jonathan Bock joins as Co-CEO, previously CEO of Barings BDC. Blackstone Credit's assets under management have surged 135% to $234 billion over five years. This leadership expansion aims to meet growing demand for private credit solutions globally, indicating strong market positioning and opportunity.

Blackstone Secured Lending Fund (BXSL) will host its third-quarter investor conference call on November 10, 2022, at 9:30 a.m. ET, prior to releasing its financial results. As of June 30, 2022, BXSL's investments were valued at approximately $10.1 billion. The company is managed by Blackstone Credit BDC Advisors LLC and is classified as a business development company under the Investment Company Act of 1940. BXSL emphasizes the inherent uncertainty in forward-looking statements regarding its financial forecasts and future operations.

Blackstone Credit announced increased distributions for its funds, with the Blackstone Private Credit Fund (BCRED) raising its monthly distribution to $0.19 per share, representing a 9.1% annualized yield based on a July NAV of $25.02. The Blackstone Secured Lending Fund (BXSL) increased its quarterly distribution to $0.60 per share, yielding 9.3% based on a second-quarter NAV of $25.89. These changes reflect strong earnings, the quality of portfolios, and positive effects from rising interest rates, with nearly 100% of the portfolios in floating rate debt.

Blackstone Secured Lending Fund (NYSE:BXSL) will host its second quarter investor conference call on August 11, 2022, at 9:30 a.m. ET. The earnings report is scheduled for release earlier that day. As of March 31, 2022, BXSL's investments were valued at approximately $10.0 billion. The fund operates as a business development company, managed by Blackstone Credit BDC Advisors LLC, part of Blackstone Inc., which manages around $915 billion in assets.

Blackstone Credit has appointed Abby Miller as Chief Accounting Officer and Treasurer for Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL). With over 15 years of experience, including her previous role as Chief Financial Officer at BlackRock's BDC, Miller aims to enhance operations. Blackstone's direct lending platform boasts $230 billion in credit assets, emphasizing income-focused investment opportunities in private credit. Miller's expertise is expected to bolster growth and expand access to investors.

Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL) announced the appointment of Michelle Greene to their Boards of Trustees, effective May 2, 2022. Greene is recognized for her expertise in ESG and sustainability, previously holding significant positions at the New York Stock Exchange and U.S. Department of the Treasury. This appointment aligns with Blackstone's commitment to integrating ESG principles into its operations and enhancing stakeholder engagement, within its $230 billion credit business, the firm's fastest-growing segment.

Blackstone Secured Lending Fund (NYSE:BXSL) will host its first quarter investor conference call on May 12, 2022, at 9:00 a.m. ET. The Company will report its first quarter results before the call. As of December 31, 2021, BXSL's investments had a fair value of approximately $9.9 billion. The firm is externally managed by Blackstone Credit BDC Advisors LLC and is regulated as a business development company under the Investment Company Act of 1940. Forward-looking statements are included in the release, with key risks noted.