N-2 | Jan. 29, 2025 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 January 29, 2025, Blackstone Private Credit Fund (the “ Fund Trustee Eighteenth Supplemental Indenture Indenture Notes Base Indenture The Notes will mature on January 29, 2032 and may be redeemed in whole or in part at the Fund’s option at any time and from time to time at the redemption prices set forth in the Indenture. The Notes bear interest at a rate of 6.000% per year payable semi-annually on January 29 and July 29 of each year, commencing on July 29, 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 The Indenture contains 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. In addition, on the occurrence of a “change of control repurchase event,” as defined in the Indenture, the Fund will generally be required to make an offer to purchase the outstanding Notes at a price equal to 100% of the principal amount of such Notes plus accrued and unpaid interest to the repurchase date. |
Long Term Debt, Title [Text Block] | Eighteenth Supplemental Indenture |
Long Term Debt, Principal | $ 1,000,000,000 |
Long Term Debt, Structuring [Text Block] | On January 29, 2025, Blackstone Private Credit Fund (the “ Fund Trustee Eighteenth Supplemental Indenture Indenture Notes Base Indenture The Notes will mature on January 29, 2032 and may be redeemed in whole or in part at the Fund’s option at any time and from time to time at the redemption prices set forth in the Indenture. The Notes bear interest at a rate of 6.000% per year payable semi-annually on January 29 and July 29 of each year, commencing on July 29, 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 contains 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. |