Blackstone Secured Lending Fund reported a strong quarter with active deployment and record total investment income. The company's credit performance remained healthy, with minimal non-accruals and a high percentage of first lien senior secured debt portfolio.
BXSL's portfolio is designed to provide powerful earnings while mitigating risk across different market environments.
The portfolio has remained well-positioned with healthy underlying credit fundamentals and a low percentage of investments on non-accrual.
BXSL maintains a consistent, disciplined focus on low-leverage loans to strong sponsors.
BXSL's asset-liability structure is efficient.
We remain confident in the outlook for deployment as we prepare for an active 2025.