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

Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001193125-25-215451
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 7.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525215451/0001193125-25-215451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525215451/d865647d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-215451

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