Apollo Asset Backed Credit raises $101M in unregistered share sales; NAV per share $25.40-$26.15

Apollo Asset Backed Credit Co LLC

Issued and sold ~2.9M shares across Series I and II for aggregate cash consideration of $101.4M in June 2025.
NAV per share as of May 31, 2025: Series I $25.40-$25.98, Series II $25.50-$26.15; total NAV $656.4M.
Declared monthly distributions per share for June 2025 ranging $0.13-$0.55, payable July 28, 2025.
Company intends to pay distributions monthly beginning in July 2025.

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