Blackstone Private Credit Fund Increases Monthly Distribution
NEW YORK – (BUSINESS WIRE) – Blackstone Private Credit Fund (“BCRED”) today announced the increase of its regular monthly distribution from $0.2100 per share to $0.2200 per share, which represents a 10.6% annualized distribution yield (for Class I Common Shares1 based on the June 30, 2023 net asset value (“NAV”) per share of $24.86. BCRED’s Board of Trustees (the “Board”) approved the increase in distribution, which will become effective for the August 2023 monthly distribution with the record date of August 31, 2023 and will be paid on or about September 27, 2023.