Apollo Debt Solutions BDC increases Barn Owl Funding credit facility to $450M

Apollo Debt Solutions BDC

Maximum principal amount raised from $320M to $400M pre-CLO and from $360M to $450M post-CLO.
Second Amendment to Credit Agreement dated June 2, 2025; original agreement was March 25, 2025.
Barn Owl Funding LLC is a wholly-owned subsidiary; funds used to acquire first-lien corporate loans.
Bank of America, N.A. is the lender; facility supports ramp-up for a future CLO securitization.
Company retains residual interest through ownership of subordinated notes issued by Barn Owl Funding.

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