Item 1.01 Entry into a Material Definitive Agreement.

On September 16, 2022, Blackstone Secured Lending Fund (the "Company") and BGSL Jackson Hole Funding LLC ("Jackson Hole Funding"), a wholly-owned subsidiary of the Company, entered into the First Amendment (the "First Amendment") to the Amended and Restated Loan and Security Agreement (the "Revolving Credit Agreement"), dated December 16, 2021, by and among Jackson Hole Funding, as borrower, the Company, as portfolio manager, JPMorgan Chase Bank, N.A., as administrative agent, Citibank, N.A., as collateral agent and securities intermediary, Virtus Group, LP, as collateral administrator, and each of the lenders from time to time party thereto. The First Amendment provides for, among other things, replacement of LIBOR with the term SOFR reference rate as an applicable index for U.S. dollar based borrowings. After giving effect to the First Amendment, dollar advances under the Revolving Credit Agreement bear interest at a per annum rate equal to three-month term SOFR, plus an applicable margin of 2.525% per annum.

The description above is only a summary of the material provisions of the First Amendment and is qualified in its entirety by reference to the copy of the First Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference thereto.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information provided in Item 1.01 of this current report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits.

Exhibit
  No.       Description

10.1          First Amendment to Amended and Restated Loan and Security Agreement,
            dated as of September  16, 2022, among Jackson Hole Funding, the
            Company, the lenders party thereto, Citibank, N.A., Virtus Group, LP
            and JPMorgan Chase Bank, National Association.

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