other_material
confidence high
sentiment neutral
materiality 0.35
Apollo Asset Backed Credit sells ~4.7M unregistered shares ($121M); declares monthly distributions
Apollo Asset Backed Credit Co LLC
- Total NAV $1,060.1M; per-share NAV from $25.11 to $26.10 across Series I/II classes.
- Unregistered equity sales in Sep 2025: ~4.7M shares for ~$121M (Series I $22.9M, Series II $98.3M).
- Distributions declared for Sep 30 record date, payable Oct 29; per-share range $0.1000–$0.1671.
- Total outstanding shares as of Aug 31: 41,333,931.
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