---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-132140"
form_type: "8-K"
ticker: null
cik: "0001837532"
company_name: "Apollo Debt Solutions BDC"
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T04:41:59.127043+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC closes $496M CLO backed by first-lien loans

## Summary
- Issued notes and loans totaling $496M, with AAA-rated tranches paying SOFR+1.67% and SOFR+1.90%.
- Company retained 100% of Class B ($40M), Class C ($30M), and $86M subordinated notes.
- Proceeds will be used to purchase first-lien commercial loans from the company via loan sale agreement.
- Collateral management fee set at 0.0% per annum; debt matures July 2037 (secured) / July 2125 (subordinated).
- Securitization executed through subsidiary ADL CLO 1 LLC with BNP Paribas as initial purchaser.

## SEC filing metadata
- accession: 0001193125-25-132140
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837532/000119312525132140/0001193125-25-132140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837532/000119312525132140/d50122d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-132140
- JSON: https://secwatch.observer/filing/0001193125-25-132140.json
- Plain text: https://secwatch.observer/filing/0001193125-25-132140.txt

## Key facts
- Debt Financings
  Apollo Debt Solutions BDC incurred credit facility of $496,000,000 with BNP Paribas Securities Corp. maturing July 15, 2037.
  - Instrument: credit facility
  - Principal: $496,000,000
  - Counterparty: BNP Paribas Securities Corp.
  - Maturity: July 15, 2037
  - Event: incurrence
  source text: ng Date and in connection with the 2025 Debt Securitization, ADL CLO 1 LLC (the “CLO Issuer”), an indirect, wholly-owned, consolidated subsidiary of the Company, entered into a Purchase and Placement Agreement (the “CLO Purchase and Placement Agreement”) with BNP Paribas Securities Corp., as the initial purchaser (the “Initial Purchaser”) and Apollo Global Securities, LLC, as co-placement agent, pursuant to which the CLO Issuer agreed to sell certain of the notes to the Initial Purchaser issued as part of the 2025 Debt Securitization pursuant to an indenture by and between the CLO Issuer and U.S.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837532/000119312525132140/0001193125-25-132140-index.htm

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