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Exhibit 18

FEE TABLE FOR

FORM N-14

Calculation of Filing Fee Tables

N-148C

(Form Type)

Blackstone Private Credit Fund

(Exact Name of Registrant as Specified in Governing Instruments)

Table 1: Newly Registered and Carry Forward Securities

 

                 
    

Security

Type

 

Security

Class

Title

 

Fee

Calculation

Rule

  Amount
Registered
 

Proposed 

Maximum

Offering
Price Per

Unit

  Maximum
Aggregate
Offering
Price (1)
 

Fee

Rate

 

Amount of

Registration
Fee(1)

                 

Fees to be

Paid

  Debt   6.000% Notes due 2034   457(a)   $200,000,000    —    $200,000,000   0.00015310   $30,620
                 
Fees Previously Paid   Debt   4.950% Notes due 2027   457(a)   $400,000,000    —    $400,000,000   0.00015310   $61,240
                 
    Debt   5.250% Notes due 2030   457(a)   $400,000,000    —    $400,000,000   0.00015310   $61,240
                 
    Debt   5.600% Notes due 2029   457(a)   $400,000,000    —    $400,000,000   0.00015310   $61,240
                 
    Debt   6.000% Notes due 2034   457(a)   $600,000,000      $600,000,000   0.00015310   $91,860
 
Carry Forward Securities
           
Carry Forward Securities            
           
    Total Offering Amounts     $2,000,000,000     $306,200
           
    Total Fees Previously Paid         $183,720(2)
           
    Total Fee Offsets         $91,860 (3)
           
    Net Fee Due               $30,620


Table 2: Fee Offset Claims and Sources

 

                       
    

Registrant

or Filer

Name

  Form
or
Filing
Type
 

File

Number

 

Initial

Filing

Date

 

Filing

Date

 

Fee

Offset

Claimed

  Security
Type
Associated 
with Fee
Offset
Claimed
 

Security

Title
Associated
with Fee
Offset
Claimed

  Unsold
Securities 
with Fee
Offset
Claimed
 

Unsold

Aggregate
Offering

Amount
Associated

with Fee

Offset

Claimed

 

Fee

Paid

with

Fee

Offset

Source

 
Rule 457(p)
                       
Fee Offset Claims   Blackstone Private Credit Fund    N-2/A    333-264426    January 14, 2025      $91,860(3)   Debt   Debt Securities(3)     $600,000,000     
                       
Fee Offset Sources   Blackstone Private Credit Fund    N-2/A    333-264426        January 14, 2025                        $91,860(3)

 

(1)

Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933 and computed pursuant to Rule 457(a) and 457(f)(2) of the Securities Act of 1933.

(2)

Previously paid in connection with the registrant’s registration statement on Form N-14 (File No. 333-284872) filed with the Securities and Exchange Commission on February 12, 2025.

(3)

The registrant previously registered certain unsold debt securities (the “Unsold Securities”) on a registration statement on Form N-2 (File No. 333-264426) (the “Prior Registration Statement”) filed with the Securities and Exchange Commission on January 14, 2025, which went effective on January 21, 2025. As of the date hereof, the maximum aggregate offering amount of the Unsold Securities is $600,000,000. In connection with the registration of the Unsold Securities, the registrant paid a registration fee of $91,860, which will be applied to the debt securities that will be offered pursuant to the prospectus included in the registration statement filed herewith. The registrant has terminated any offering that included the unsold debt securities under the Prior Registration Statement.