The Company announced that it has priced an underwritten public offering of $400.0 million in aggregate principal amount of 5.875% notes due 2027. The notes will mature on November 15, 2027 and may be redeemed in whole or in part at BXSL’s option at the applicable redemption price.

The Company expects to use the net proceeds from this offering for general corporate purposes, which may include, among other things, investing in accordance with our investment objectives and strategies described in the prospectus supplement and the accompanying prospectus described below in greater detail and repaying indebtedness (which will be subject to reborrowing).

The offering is expected to close on May 20, 2024, subject to customary closing conditions. As of 2024-05-14, the Fund’s leverage was 49.3% and Debt Focused BDC Group leverage was 50.7%.