Blackstone Secured Lending Fund Ordinary Shares

Blackstone Secured Lending reported net investment income of $0.75 per share for Q2 2026, beating analysts’ estimates, while revenue of $320.47 million was slightly below forecasts. The quarterly dividend remains $0.77 per share; management highlighted strong paydowns (over $700 million, annualized rate 21%) and a portfolio focus on senior secured loans. NAV fell to $25.53 per share, non-accruals improved to 1.8%, and a $250 million share buyback program was approved. Management signaled plans to use excess earnings in the short term and transition to a lower dividend level over the medium term. » Więcej na de.investing.com

Blackstone Secured Lending Fund issued bonds with a principal amount of $650 million, carrying a 5.9% coupon and maturing on May 21, 2031; interest will be paid semiannually beginning November 21, 2026. The unsecured, pari passu notes were placed on May 21; the fund has total debt of about $8 billion and a market capitalization of $5.5 billion, with the stock trading near its 52‑week low. The indenture includes asset coverage covenants under the Investment Company Act and disclosure obligations to creditors; the fund may repurchase the securities in part or in full at contractually specified prices. » Więcej na de.investing.com

Blackstone Secured Lending Fund reported Q1 2026 net investment income of $179 million, or $0.77 per share, fully covering its $0.77 quarterly dividend. NAV fell to $26.26 from $26.92 and non-accruals rose to 3.1% of the portfolio after adding Medallia, Affordable Care and Paramount Global Services. Management highlighted $2.3 billion of liquidity, $325 million of new deployments, visibility into about $600 million of near-term repayments and a discretionary $250 million share repurchase plan. The fund emphasized its predominantly first-lien, senior-secured positioning and cited AI-related infrastructure lending—including a large GPU-backed financing to Firmus Technologies—as a key investment theme. » Więcej na finance.yahoo.com