debt
confidence high
sentiment positive
materiality 0.65
Apollo Debt Solutions BDC upsizes credit facility to $3.453B, extends maturity to Aug 2030
Apollo Debt Solutions BDC
- Facility size increased from $2.740B to $3.453B; accordion raised from $4.110B to $5.180B.
- Maturity extended from Oct 2029 to Aug 2030.
- Commitment fee reduced from 0.375% to 0.325%.
- Applicable margins reduced; tiered rate now as low as 0.525% (ABR) / 1.525% (other) based on borrowing base.
- Minimum shareholders' equity test reset under the amended facility.
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