---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-067105"
form_type: "8-K"
ticker: null
cik: "0001837532"
company_name: "Apollo Debt Solutions BDC"
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:16:44.115115+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC subsidiary enters $160M credit facility with Bank of America for CLO ramp-up

## Summary
- Maximum facility amount $160M, expandable to $360M after CLO pricing date.
- Interest rate: SOFR + 1.15% for first year, then SOFR + 1.65%.
- Maturity two years from March 25, 2025; proceeds to acquire eligible corporate loans.
- Company serves as collateral manager and retains residual interest via subordinated notes.
- Warehouse facility intended to build collateral for a future collateralized loan obligation.

## SEC filing metadata
- accession: 0001193125-25-067105
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837532/000119312525067105/0001193125-25-067105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837532/000119312525067105/d918649d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-067105
- JSON: https://secwatch.observer/filing/0001193125-25-067105.json
- Plain text: https://secwatch.observer/filing/0001193125-25-067105.txt

## Key facts
- Debt Financings
  Apollo Debt Solutions BDC incurred credit facility of $160 million with Bank of America, N.A. at Daily SOFR plus a spread of (x) prior to and excluding the 12-month anniversary maturing the date which is two years after the Closing Date.
  - Instrument: credit facility
  - Principal: $160 million
  - Counterparty: Bank of America, N.A.
  - Rate: Daily SOFR plus a spread of (x) prior to and excluding the 12-month anniversary
  - Maturity: the date which is two years after the Closing Date
  - Event: incurrence
  source text: principal amount of the Barn Owl Funding Credit Agreement, which can be drawn upon by Barn Owl Funding subject to certain conditions in the Barn Owl Funding Credit Agreement, is $160 million as of the Closing Date, and can be increased up to $360 million following the pricing date of the Barn Owl Funding Debt Securitization. The Barn Owl Funding Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837532/000119312525067105/0001193125-25-067105-index.htm

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