On January 18, 2024, Blackstone Private Credit Fund priced an offering of $500,000,000 in aggregate principal amount of its 6.250% notes due 2031 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will mature on January 25, 2031 and may be redeemed in whole or in part at the Fund's option at any time at par value plus a make-whole" premium. The offering is expected to close on January 25, 2024, subject to customary closing conditions.

The Fund expects to use the net proceeds of the offering for general corporate purposes of and subsidiaries.