secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001193125-24-026688
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Debt Solutions BDC increases subsidiary credit facility to $187.5M for CLO ramp-up
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- Maximum principal amount under Merlin Funding Credit Agreement raised from $120M to $187.5M on Feb 1, 2024.
- Funds to acquire first-lien broadly syndicated corporate loans as collateral for a future CLO transaction.
- Post-pricing date facility can increase up to $450M; traded portfolio amount set at $250M pre-pricing.
- Apollo Debt Solutions BDC retains residual interest as subordinated lender and warehouse collateral manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312524026688/0001193125-24-026688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312524026688/d50162d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-026688

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