debt
confidence high
sentiment neutral
materiality 0.55
BXSL upsizes term loans to $385M, extends revolver maturity to June 2028
Blackstone Secured Lending Fund
- Term loan commitments increased from $75M to $385M; revolving commitments reduced from $377.5M to $217.5M.
- Revolving availability period extended to June 2027; maturity of loans extended to June 2028.
- Minimum shareholders' equity test reset as part of the amendment.
- Amendment and restated credit agreement entered into with Citibank, N.A. as administrative agent.