---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-031997"
form_type: "8-K"
ticker: null
cik: "0001837532"
company_name: "Apollo Debt Solutions BDC"
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T07:08:49.164157+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC subsidiary enters $350M warehouse credit facility with BNP Paribas for CLO securitization

## Summary
- Bluejay Funding LLC, a wholly-owned subsidiary, entered a $350M revolving credit facility on Feb 18, 2025.
- Facility has a 2-year draw period and matures in 4 years; interest at Term SOFR + 1.65% initially, then 2.65%.
- Proceeds used to acquire first-lien corporate loans from Apollo Debt Solutions BDC for a future CLO.
- Apollo Debt Solutions BDC acts as collateral manager and retains residual interest in Bluejay Funding.
- Facility secured by Bluejay Funding's assets; BNP Paribas serves as administrative agent and a lender.

## SEC filing metadata
- accession: 0001193125-25-031997
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837532/000119312525031997/0001193125-25-031997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837532/000119312525031997/d932563d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-031997
- JSON: https://secwatch.observer/filing/0001193125-25-031997.json
- Plain text: https://secwatch.observer/filing/0001193125-25-031997.txt

## Key facts
- Debt Financings
  Apollo Debt Solutions BDC incurred revolving credit of $350 million with BNP Paribas at Term SOFR plus a spread of (x) to and excluding the 24-month anniversary of the maturing the date which is four years after the Closing Date.
  - Instrument: revolving credit
  - Principal: $350 million
  - Counterparty: BNP Paribas
  - Rate: Term SOFR plus a spread of (x) to and excluding the 24-month anniversary of the
  - Maturity: the date which is four years after the Closing Date
  - Event: incurrence
  source text: The maximum principal amount of the Bluejay Funding Credit Agreement, which can be drawn upon by Bluejay Funding subject to certain conditions in the Bluejay Funding Credit Agreement, is $350 million as of the Closing Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837532/000119312525031997/0001193125-25-031997-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.