BLACKSTONE SECURED LOAN FUNDS: Entering into a Material Definitive Agreement, Creating a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Supporting Documentation (Form 8-K )

Section 1.01 Entering into a Material Definitive Agreement.

On September 16, 2022, Blackstone Secured Loan Fund (the “Company”) and BGSL Jackson Hole Funding LLC (“Jackson Hole Funding”), a wholly owned subsidiary of the Company, has entered into the First Amendment (the “First Amendment”) to the Amended and Restated Loan and Security Agreement (the “Credit Agreement renewable”), dated December 16, 2021by and between Jackson Hole Funding, as borrower, the Company, as portfolio manager, JPMorgan Chase Bank, North America., as administrative agent, Citibank, North America., as collateral agent and securities intermediary, Virtus Group, LP, as administrator of the guarantees, and each of the lenders sometimes being a party thereto. The first amendment provides, among other things, for the replacement of LIBOR by the term reference rate SOFR as the applicable index for WE dollar loans. After giving effect to the First Amendment, dollar advances under the Revolving Credit Agreement bear interest at an annual rate equal to the three-month SOFR, plus an applicable margin of 2.525% per annum.

The above description 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 here. by reference to it.

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

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

Item 9.01 Financial statements and supporting documents

(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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