debt
confidence high
sentiment neutral
materiality 0.15
Blackstone Secured Lending extends revolver reinvestment period to Dec 18, 2023
Blackstone Secured Lending Fund
- Second Amendment to Amended and Restated Loan and Security Agreement extends borrowing availability to December 18, 2023.
- BGSL Jackson Hole Funding LLC (wholly owned subsidiary) is the borrower; JPMorgan Chase is administrative agent.
- Extension allows continued borrowing under existing secured credit facility until the new reinvestment period end date.
- No change to loan size or other terms; condition that no Market Value Event or Event of Default has occurred.