Blackstone Private Credit Fund announces a share repurchase program. Under the program, the company will repurchase up to 56,194,843 shares, representing 5% of its outstanding shares. The purpose of the offer is to provide liquidity to shareholders. The offer will be funded from cash on hand (including cash received from investments in the fund), borrowings and/or proceeds from the sale of portfolio holdings. The purchase price of a Share tendered will be its net asset value as of March 31, 2024 or a later date determined by the fund if the offer is extended. If more than 56,194,843 Shares are duly tendered to the fund before the expiration of the offer and not withdrawn, the fund will accept shares tendered on or before the expiration date for payment on a pro rata basis. The repurchase program will expire on February 29, 2024.

Rajib Chanda and Benjamin C. Wells of Simpson Thacher & Bartlett LLP acted as legal advisor to the company.