---
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"
generated_at: "2026-05-17T05:48:55.599462+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC posts NAV $24.55, declares $0.20 distribution; portfolio $21B

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-215451
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2025-09-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 7.01, 8.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-215451
- JSON: https://secwatch.observer/filing/0001193125-25-215451.json
- Plain text: https://secwatch.observer/filing/0001193125-25-215451.txt

## Key facts
- Equity Issuances
  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.
  - Security: common stock
  - Shares: 13,181,689
  - Purchaser: feeder vehicles primarily created to hold the Fund's Class I Common Shares
  - Consideration: $ 323,630,225
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1837532/000119312525215451/0001193125-25-215451-index.htm

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