Blackstone Secured Lending Fund reported its second quarter 2024 results, featuring record quarterly earnings, the highest net asset value per share, and the most active quarter for originations since its IPO in 2021. The company's credit performance remained strong, supported by a defensive portfolio primarily composed of first lien, senior secured debt.
BXSL reported the best quarterly earnings on a dollar basis since IPO in 2021.
Net asset value per share reached the highest level.
Originations were the most active since the IPO in 2021.
Credit performance remained strong, with a portfolio of 98.6% first lien, senior secured debt.
The document does not contain specific forward guidance. It includes forward-looking statements regarding the company's beliefs, expectations, and potential future performance, which are subject to risks and uncertainties.