debt
confidence high
sentiment neutral
materiality 0.50
Blackstone Secured Lending Fund increases credit facility by $150M, margin set at 1.85%
Blackstone Secured Lending Fund
- Fourth Amendment to credit agreement increases maximum commitment by $150 million.
- Applicable margin for all advances changed to 1.85% per annum.
- Amendment entered into by wholly-owned subsidiary BGSL Big Sky Funding LLC with Bank of America.
- Certain fees also agreed as part of the amendment.