Item 1.01. Entry into a Material Definitive Agreement.

On March 30, 2023, Blackstone Secured Lending Fund (the "Company") and BGSL Big Sky Funding LLC ("Big Sky Funding"), a wholly-owned subsidiary of the Company, entered into the First Amendment (the "First Amendment") to the Second Amended and Restated Credit Agreement, dated June 29, 2022, by and among Big Sky Funding, as borrower, Bank of America, N.A., as administrative agent, each of the lenders from time to time party thereto, and BofA Securities, Inc., as sole lead arranger and sole book manager. The First Amendment provides for, among other things, (i) a change in the applicable margin for advances, to be effective from and after September 25, 2024, from 1.80% per annum to a range between 2.10% per annum and 2.45% per annum depending on the nature of the collateral securing the advances; (ii) an extension of the availability period for advances under the facility until March 30, 2026, and (iii) an extension of stated maturity of the facility to September 30, 2026.

The description above is only a summary of the material provisions of the First Amendment and is qualified in its entirety by reference to the copy of the First Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference thereto.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information provided in Item 1.01 of this current report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.





10.1      First Amendment to the Second Amended and Restated Credit Agreement,
        dated as of March 30, 2023, between BGSL Big Sky Funding LLC and Bank of
        America, N.A.

104     Cover Page Interactive Data File (embedded within the Inline XBRL
        document).

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses