secwatch / observer
8-K filed June 30, 2023, 7:59 PM ET ticker BXSL CIK 0001736035
other material confidence high sentiment neutral materiality 0.30

Blackstone Secured Lending upsizes ATM equity program from $200M to $400M

Blackstone Secured Lending Fund

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blackstone Secured Lending Fund entered into Equity Distribution Agreements with Truist Securities, Inc., RBC Capital Markets, LLC, Compass Point Research & Trading, LLC, Raymond James & Associates, Inc., and Drexel Hamilton, LLC valued at up to $400,000,000 (effective 2023-06-30).

Action
entry
Agreement
atm program
Counterparty
Truist Securities, Inc., RBC Capital Markets, LLC, Compass Point Research & Trading, LLC, Raymond James & Associates, Inc., and Drexel Hamilton, LLC
Value
up to $400,000,000
Effective
2023-06-30
Exact text from the filing
On June 30, 2023, primarily in order to increase the size of its “at-the-market” program from $200,000,000 to $400,000,000, Blackstone Secured Lending Fund (the “Company”) entered into (i) an equity distribution agreement by and among the Company, Blackstone Credit BDC Advisors LLC (the “Adviser”), Blackstone Alternative Credit Advisors LP (the “Administrator” and, collectively with the Company and the Adviser, the “Blackstone Parties”) and Truist Securities, Inc. (“Truist”), (ii) equity distribution agreement by and among the Blackstone Parties and RBC Capital Markets, LLC (“RBC”), (iii) an equity distribution agreement by and among the Blackstone Parties and Compass Point Research & Trading, LLC (“Compass”), (iv) an equity distribution agreement by and among the Blackstone Parties and Raymond James & Associates, Inc. (“Raymond James”) and (v) an equity distribution agreement by and among the Blackstone Parties and Drexel Hamilton, LLC (“Drexel” and, collectively with Truist, RBC, Com
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Blackstone Secured Lending Fund filing history →

Source: SEC EDGAR
accession 0001193125-23-179238
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