BXSL

Blackstone Secured Lending Fund Reports Lower Profit In Q3

(RTTNews) - Blackstone Secured Lending Fund (BXSL), a specialty finance company, Tuesday reported net income of $152 million or $0.75 per share for the third quarter, lower than $171 million or $1.01 per share in the same quarter a year ago.

Net investment income was $186 million or $0.91 per share compared with $161 million or $0.95 per share last year.

Net asset value was about $5.7 billion, or $27.27 per share at quarter-end, an increase of 0.3 percent from $27.19 per share at prior quarter-end.

The Company's Board of Trustees has declared a fourth quarter dividend of $0.77 per share to shareholders of record on December 31, payable by January 24, 2025.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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