earnings
confidence medium
sentiment positive
materiality 0.70
BXSL reports record Q2 earnings, highest NAV per share since IPO
Blackstone Secured Lending Fund
2024-Q2 EPS reported
$1.98
- Record Q2 earnings on a dollar basis and highest net asset value per share since IPO in 2021.
- Portfolio is 98.6% first lien senior secured debt with ~47% loan-to-value ratio.
- Most active originations quarter since IPO; credit performance remains strong.
- Board declares Q3 dividend of $0.77 per share, payable Oct 25 to record Sep 30.