UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to SECTION 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 22, 2021
Blackstone Secured Lending Fund
(Exact name of registrant as specified in its charter)
| Delaware | 814 - 01299 | 82-7020632 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 345 Park Avenue, 31st Floor New York, NY |
10154 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (212) 503-2100
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b–2 of the Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events |
The net asset value (“NAV”) per common share of beneficial interest, par value $0.001 per share, of Blackstone Secured Lending Fund (the “Fund”) as of December 31, 2020 is $25.20. Such NAV per share is pro forma for the special distribution of $0.30 per common share payable on January 29, 2021 to shareholders of record as of December 14, 2020.
As of January 26, 2021, the Fund had total capital commitments of approximately $3.9 billion, of which $3.2 billion had been called.
The Fund’s quarterly total return for the three months ended December 31, 2020 was 4.4%, bringing the annualized total return since inception to 8.9%. The Fund’s total return is calculated as the change in NAV per share during the period, plus distributions per share (assuming dividends and distributions are reinvested in accordance with the Fund’s dividend reinvestment plan) divided by the beginning NAV per share.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLACKSTONE SECURED LENDING FUND | ||||||
| Date: January 26, 2021 | By: | /s/ Marisa J. Beeney | ||||
| Name: Marisa J. Beeney | ||||||
| Title: Chief Compliance Officer, Chief Legal Officer and Secretary | ||||||