secwatch / observer
8-K filed December 21, 2023, 6:59 PM ET ticker BXSL CIK 0001736035
debt confidence high sentiment neutral materiality 0.45

Blackstone Secured Lending Fund (BXSL): debt financing — Blackstone Secured Lending Fund ups revolver to $500M, extends maturity to May 2027

Blackstone Secured Lending Fund

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Blackstone Secured Lending Fund amended credit facility of $500 million with JPMorgan Chase Bank, N.A., as administrative agent maturing May 17, 2027.

Instrument
credit facility
Principal
$500 million
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Maturity
May 17, 2027
Event
amendment
Exact text from the filing
The Third Amendment provides for, among other things, an increase in the commitments under the Revolving Credit Agreement to $500 million, an extension of the period during which Jackson Hole Funding may make borrowings under the Revolving Credit Agreement to November 28, 2025, an extension of the stated maturity date of the Revolving Credit Agreement to May 17, 2027
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blackstone Secured Lending Fund amended Third Amendment with BGSL Jackson Hole Funding LLC, JPMorgan Chase Bank, N.A., Citibank, N.A., Virtus Group, LP, and lenders valued at $500 million (effective 2023-12-18).

Action
amendment
Agreement
credit facility
Counterparty
BGSL Jackson Hole Funding LLC, JPMorgan Chase Bank, N.A., Citibank, N.A., Virtus Group, LP, and lenders
Value
$500 million
Effective
2023-12-18
Exact text from the filing
On December 18, 2023, Blackstone Secured Lending Fund (the “ Company ”) and BGSL Jackson Hole Funding LLC (“ Jackson Hole Funding ”), a wholly-owned subsidiary of the Company, entered into the Third Amendment (the “ Third Amendment ”) to the Amended and Restated Loan and Security Agreement (the “ Revolving Credit Agreement ”), dated December 16, 2021, by and among Jackson Hole Funding, as borrower, the Company, as portfolio manager, JPMorgan Chase Bank, N.A., as administrative agent, Citibank, N.A., as collateral agent and securities intermediary, Virtus Group, LP, as collateral administrator, and each of the lenders from time to time party thereto. The Third Amendment provides for, among other things, an increase in the commitments under the Revolving Credit Agreement to $500 million, an extension of the period during which Jackson Hole Funding may make borrowings under the Revolving Credit Agreement to November 28, 2025, an extension of the stated maturity date of the Revolving Credi
View on SEC.gov

Browse all debt financings →

Blackstone Secured Lending Fund filing history →

Source: SEC EDGAR
accession 0001193125-23-301232
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.