secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001193125-25-247245
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 7.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Debt Solutions BDC declares Oct $0.18 distribution; NAV $24.52
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- October distribution: Class I $0.1800, Class S net $0.1623, Class D net $0.1748; payable Nov 26 to holders Oct 31.
- NAV per share $24.52 as of Sept 30, down from $24.55 in Aug; Class I annualized distribution rate 8.81%.
- Portfolio fair value $22.5B across 406 cos, 100% first lien, 96% floating rate; net leverage 0.56x; 6 non-accrual (0.3%).
- Originated $7.7B new private debt in 9 months; weighted avg spread 494 bps. Led $760M One Call and $2.25B Leaf Home deals.
- Unregistered sale of 8.01M Class I shares for $196.5M; total offering $15.34B from 622.6M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525247245/0001193125-25-247245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312525247245/d36384d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-247245

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