Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Blackstone Secured Lending Fund ( (BXSL) ).
On March 3, 2026, Blackstone Secured Lending Fund closed a $400 million issuance of 5.250% notes due September 4, 2029, under a Tenth Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee. The notes, which pay interest semi-annually starting September 4, 2026, were sold under an effective shelf registration and can be redeemed by the fund at specified prices.
The unsecured notes rank senior to expressly subordinated debt, pari passu with other unsubordinated unsecured obligations, and effectively junior to secured and subsidiary-level indebtedness, shaping the fund’s capital structure and creditor hierarchy. The indenture also imposes asset coverage and reporting-related covenants and requires a change-of-control repurchase offer at par plus accrued interest, providing added protections for noteholders.
The most recent analyst rating on (BXSL) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Blackstone Secured Lending Fund stock, see the BXSL Stock Forecast page.
Spark’s Take on BXSL Stock
According to Spark, TipRanks’ AI Analyst, BXSL is a Neutral.
The score is held back most by uneven/negative cash flow and inconsistencies in the latest-year financial statement data, alongside bearish technicals. Offsetting factors include an attractive valuation (low P/E and high dividend yield) and a largely constructive earnings call featuring dividend coverage, active deployment, liquidity, and buyback flexibility despite isolated credit/NAV pressures.
To see Spark’s full report on BXSL stock, click here.
More about Blackstone Secured Lending Fund
Blackstone Secured Lending Fund is a publicly offered business development company focused on providing secured loans and other debt financing solutions to middle-market and larger corporate borrowers. The fund issues unsecured and secured debt instruments to support its lending activities and operates under the regulatory framework of the Investment Company Act of 1940.
Average Trading Volume: 2,260,334
Technical Sentiment Signal: Sell
Current Market Cap: $5.62B
Find detailed analytics on BXSL stock on TipRanks’ Stock Analysis page.