Blackstone Secured Lending Fund filed a Form 8-K on August 12, 2026, disclosing that on August 10, 2026, it entered into a fifth amendment to its second amended and restated senior secured credit agreement with Citibank, N.A. as administrative agent and collateral agent.

Key Highlights

  • Borrowing period extended: The period during which the company may make borrowings under certain revolving commitments was extended from August 4, 2029 to August 10, 2030.
  • Maturity date extended: The maturity date for most revolving commitments was extended from August 4, 2030 to August 10, 2031.
  • Aggregate commitments reduced: Total aggregate commitments changed from $2.425 billion to $2.375 billion.
  • Revolving commitments restructured: Revolving commitments increased by $45.0 million while $200.0 million of certain lenders' commitments expired, resulting in aggregate revolving commitments of $1.9 billion.
  • Term loan increased: Funded term loan commitments increased by $5.0 million to an aggregate principal amount of $438.5 million.
  • Minimum shareholders' equity reset: The amendment includes a resetting of the minimum shareholders' equity requirement.

Fifth Amendment Details: Blackstone Secured Lending Fund Credit Facility Restructured

According to the filing, Blackstone Secured Lending Fund (NYSE:BXSL) entered into the fifth amendment on August 10, 2026, modifying the second amended and restated senior secured credit agreement originally dated June 28, 2022. The credit agreement involves the company as borrower, Citibank, N.A. as administrative agent and collateral agent, and various lenders party to the agreement from time to time.

The filing discloses several specific changes to the credit facility. The borrowing availability period under certain revolving commitments was extended by approximately one year, from August 4, 2029 to August 10, 2030, and the maturity date for those revolving commitments moved from August 4, 2030 to August 10, 2031. The filing notes an exception: revolving commitments of certain lenders totaling $200.0 million retain a maturity date of June 28, 2027. The net effect of a $45.0 million increase in revolving commitments combined with the expiration of the $200.0 million in certain lenders' commitments brings total revolving commitments to $1.9 billion. Funded term loan commitments increased by $5.0 million, bringing the aggregate principal amount to $438.5 million. Overall aggregate commitments under the credit agreement decreased from $2.425 billion to $2.375 billion.

The amendment also includes a resetting of the minimum shareholders' equity requirement and the payment of certain fees as agreed among the company, the administrative agent, and the participating lenders. The filing states that the foregoing description "is only a summary of the material provisions of the Fifth Amendment" and is qualified in its entirety by reference to Exhibit 10.1 filed with the report. The 8-K was signed by Lucie Enns, Chief Legal Officer and Secretary, on August 12, 2026.

What Was Disclosed

Blackstone Secured Lending Fund disclosed a fifth amendment to its senior secured credit agreement, extending key dates, restructuring revolving commitments to $1.9 billion, increasing term loan commitments to $438.5 million, and resetting the minimum shareholders' equity requirement.