secwatch / observer
8-K filed March 28, 2024, 7:59 PM ET ticker BXSL CIK 0001736035
other material confidence high sentiment neutral materiality 0.55

BXSL establishes $500M at-the-market equity program with six sales agents

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 terminated a atm program with Truist Securities, Inc., RBC Capital Markets, LLC, Compass Point Research & Trading, LLC, Raymond James & Associates, Inc., Drexel Hamilton, LLC (effective 2024-03-28).

Action
termination
Agreement
atm program
Counterparty
Truist Securities, Inc., RBC Capital Markets, LLC, Compass Point Research & Trading, LLC, Raymond James & Associates, Inc., Drexel Hamilton, LLC
Effective
2024-03-28
Exact text from the filing
Effective as of March 28, 2024, the Blackstone Parties and each of Truist, RBC, Compass, Raymond James and Drexel terminated the following agreements, which have been superseded by the Equity Distribution Agreements: (i) the Equity Distribution Agreement, dated as of December 1, 2023, by and among the Blackstone Parties and Truist, (ii) the Equity Distribution Agreement, dated as of December 1, 2023, by and among the Blackstone Parties and RBC, (iii) the Equity Distribution Agreement, dated as of December 1, 2023, by and among the Blackstone Parties and Compass, (iv) the Equity Distribution Agreement, dated as of December 1, 2023, by and among the Blackstone Parties and Raymond James and (v) the Equity Distribution Agreement, dated as of December 1, 2023, by and among the Blackstone Parties and Drexel
View on SEC.gov
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., BTIG, LLC, Drexel Hamilton, LLC valued at aggregate offering price of up to $500,000,000 (effective 2024-03-28).

Action
entry
Agreement
atm program
Counterparty
Truist Securities, Inc., RBC Capital Markets, LLC, Compass Point Research & Trading, LLC, Raymond James & Associates, Inc., BTIG, LLC, Drexel Hamilton, LLC
Value
aggregate offering price of up to $500,000,000
Effective
2024-03-28
Exact text from the filing
The equity distribution agreements with the Sales Agents described in the preceding sentence are collectively referred to herein as the “Equity Distribution Agreements.” The Equity Distribution Agreements provide that the Company may from time to time issue and sell shares of its common shares of beneficial interest, par value $0.001 per share (“Shares”), having an aggregate offering price of up to $500,000,000, through the Sales Agents, or to them as principal for their own respective accounts.
View on SEC.gov

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Blackstone Secured Lending Fund filing history →

Source: SEC EDGAR
accession 0001193125-24-080622
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