{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-215451","form_type":"8-K","ticker":null,"cik":"0001837532","company_name":"Apollo Debt Solutions BDC","filed_at":"2025-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.266501+00:00","generated_at":"2026-05-17T05:48:55.599462+00:00","sec_items":["3.02","7.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Apollo Debt Solutions BDC posts NAV $24.55, declares $0.20 distribution; portfolio $21B","bullets":["Declared September distributions: Class I $0.20, Class S $0.1828, Class D $0.1950 per share; payable Oct 28.","NAV per share as of Aug 31: $24.55 (Class I, S, D); aggregate NAV $14.1B; debt-to-equity leverage 0.49x.","Portfolio fair value ~$21B across 382 companies; 100% first-lien, 96% floating-rate; net leverage 0.48x.","Unregistered sale of 13.2M Class I shares for $323.6M in September private offering.","Led €1.3B transaction for Karo Healthcare and £366M refinancing for Busy Bees in August 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-215451","json":"https://secwatch.observer/filing/0001193125-25-215451.json","markdown":"https://secwatch.observer/filing/0001193125-25-215451.md","text":"https://secwatch.observer/filing/0001193125-25-215451.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837532/000119312525215451/0001193125-25-215451-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837532/000119312525215451/d865647d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:48:55.599462+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98faae17298e7e5afcaaee1cfd6cbac60be73049","claim":"Apollo Debt Solutions BDC issued 13,181,689 of common stock to feeder vehicles primarily created to hold the Fund's Class I Common Shares for $ 323,630,225.","evidence_excerpt":"the shares sold: Date of Unregistered Sale Amount of Class I Common Shares Consideration As of September 1, 2025 (number of shares finalized on September 24, 2025) 13,181,689 $ 323,630,225","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1837532/000119312525215451/0001193125-25-215451-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"13,181,689"},{"label":"Purchaser","value":"feeder vehicles primarily created to hold the Fund's Class I Common Shares"},{"label":"Consideration","value":"$ 323,630,225"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}