...May 6, 2022 - Blackstone Secured Lending Fund (BXSL), a business development company (BDC) that benefits from the capabilities of the broader Blackstone Credit platform, has a diversified funding mix and a portfolio primarily invested in first-lien senior secured and unitranche loans. - We are assigning our '###-' issuer credit rating to BXSL. - The stable outlook reflects our expectations that BXSL, over the next 12-24 months, will continue to report stable asset quality trends while maintaining leverage near 1.25x as measured by debt to adjusted total equity (ATE). NEW YORK (S&P Global Ratings) May 6, 2022--S&P Global Ratings said today it assigned its '###-' issuer credit rating to Blackstone Secured Lending Fund (BXSL). The outlook is stable. The '###-' issuer credit rating on BXSL reflects the broader capabilities of the Blackstone Credit platform, its diversified funding mix, experienced management team, and expected leverage of about 1.25x debt to ATE, offset by its historical rapid...
