secwatch.observer — SEC 8-K summary
======================================

Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001193125-25-179805
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Debt Solutions BDC completes $502.1M CLO securitization backed by first-lien loans
--------------------------------------------------------------------------------

- Issued $502.1M in Notes: $300M Class A-1 (SOFR+1.30%), $30M A-2 (SOFR+1.70%), $65M B (SOFR+1.80%), $35M C (SOFR+2.75%), and $72.1M Subordinated.
- Company retained 100% of Class B, Class C, and Subordinated Notes to satisfy risk-retention rules.
- Proceeds used to purchase first-lien commercial loans from the Company under a master loan sale agreement.
- Collateral management fee set at 0.0% per annum; Notes mature July 15, 2037, redeemable after July 15, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525179805/0001193125-25-179805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525179805/d949401d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-179805

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer