Blackstone Secured Lending Fund BXSL

$23.61 -0.31 (-1.30%)

Valuation

Market cap
5,572,643,000
Revenue TTM
$1,418,950,000
Net income TTM
$563,460,000
PE ratio
7.64
Forward PE
8.43
Profit margin
39.71%
Debt to equity
1.27

Trading

Volume
1,813,400
Avg volume
1,501,642
Day's range
$23.51 – $24.06
Shares out
232,970,000
Stochastic %K
9%
Beta
0.39
Analysts
Sell
Price target
$25.14

Price

Company profile

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, the Fund elected to be treated for...

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Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company (“RIC”), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.

Industry
Asset Management
Sector
Financial Services
Phone
212 503 2100
Website
https://www.bxsl.com
Address
345 Park Avenue, 31st Floor, New York, United States

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