secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001193125-23-108322
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 3.02, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Debt Solutions BDC reports NAV $23.82, Q1 originations $473M, yield up to 10.8%
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- NAV per share $23.82 as of March 31, 2023, up 2.6% from Dec 2022; aggregate NAV $2.3B.
- Declared April distributions: $0.18/Class I, $0.1634/S, $0.1751/D; plus $0.02 special for May record.
- Originated $473M private debt in Q1; weighted average spread 705 bps vs 600 bps in FY2022.
- Portfolio yield at amortized cost 10.8% (up from 10.1% in Q4); no investments on non-accrual.
- Net leverage ratio 0.81x; $1.4B excess availability under secured facilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312523108322/0001193125-23-108322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312523108322/d475248d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-108322

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