Blackstone Secured Lending Fund extends Citibank-led revolving credit facility maturity to 2031

Blackstone Secured Lending Fund amended its senior secured credit agreement with Citibank as administrative and collateral agent.

• The revolving borrowing period was extended to Aug. 10, 2030, and the revolving maturity was pushed to Aug. 10, 2031.
• Total commitments were reduced to $2.38 billion from $2.43 billion, with revolving commitments set at $1.9 billion.
• Funded term loan commitments increased to $438.5 million.
• $200 million of revolving commitments from certain lenders still mature on June 28, 2027.