N-2 | May 29, 2024 USD ($) |
Cover [Abstract] | |
Entity Central Index Key | 0001803498 |
Amendment Flag | false |
Securities Act File Number | 814-01358 |
Document Type | 8-K |
Entity Registrant Name | Blackstone Private Credit Fund |
Entity Address, Address Line One | 345 Park Avenue |
Entity Address, Address Line Two | 31st Floor |
Entity Address, City or Town | New York |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 10154 |
City Area Code | 212 |
Local Phone Number | 503-2100 |
Entity Emerging Growth Company | false |
Capital Stock, Long-Term Debt, and Other Securities [Abstract] | |
Long Term Debt [Table Text Block] | On May 29, 2024, Blackstone Private Credit Fund (the “ Fund Trustee Thirteenth Supplemental Indenture Indenture Notes Base Indenture |
Long Term Debt, Principal | $ 500,000,000 |
Long Term Debt, Structuring [Text Block] | The Notes will mature on July 16, 2029 and may be redeemed in whole or in part at the Fund’s option at any time or from time to time at the redemption prices set forth in the Indenture. The Notes bear interest at a rate of 5.950% per year payable semi-annually on January 16 and July 16 of each year, commencing on January 16, 2025. The Notes are general unsecured obligations of the Fund that rank senior in right of payment to all of the Fund’s existing and future indebtedness that is expressly subordinated in right of payment to the Notes, rank pari passu |
Long Term Debt, Dividends and Covenants [Text Block] | The Indenture contain certain covenants, including covenants requiring the Fund to comply with the asset coverage requirements of Section 18(a)(1)(A) as modified by Section 61(a) of the Investment Company Act of 1940, as amended, whether or not it is subject to those requirements, and to provide financial information to the holders of the Notes and the Trustee if the Fund is no longer subject to the reporting requirements under the Securities Exchange Act of 1934, as amended. These covenants are subject to important limitations and exceptions that are described in the Indenture. |
Long Term Debt, Rights Limited by Other Securities [Text Block] | Registration Rights Agreement In connection with the Notes Offering, the Fund entered into a Registration Rights Agreement, dated as of May 29, 2024 (the “ Registration Rights Agreement the registration statement to be declared effective. If the Fund is not able to effect the exchange offer, the Fund will be obligated to file a shelf registration statement covering the resale of the Notes and use its commercially reasonable efforts to cause such registration statement to be declared effective. If the Fund fails to satisfy its registration obligations by certain dates specified in the Registration Rights Agreement, it will be required to pay additional interest to the holders of the Notes. The foregoing description of the Registration Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Registration Rights Agreement, filed as an exhibit hereto and incorporated by reference herein. |