secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0001193125-25-067105
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525067105/0001193125-25-067105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525067105/d918649d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-067105

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