Blackstone Secured Lending Sets Q1 2027 Dividend at $0.60

Blackstone Secured Lending Fund set its first-quarter 2027 dividend at $0.60 per share, below its prior-quarter payout as it continues refinancing about $3.2 billion in notes. The new dividend compares with the fund’s fourth-quarter 2026 dividend of $0.77 per share . Management tied the reset to long-term model assumptions that include refinancing costs and incentive-fee dynamics. About 28% of the fund’s assets mature in 2027 and 2028. Management described the top 10 near-term maturities as performing strongly. Nonaccruals reached 2.1% of fair value, and management characterized the new nonaccruals as idiosyncratic. John Kim reports on the digital-asset business for TokenPost.

Source: TokenPost