---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-311201"
form_type: "8-K"
ticker: null
cik: "0001837532"
company_name: "Apollo Debt Solutions BDC"
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T14:04:02.030967+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC issues $400M in 5.200% notes due 2028

## Summary
- Issued $400M aggregate principal of 5.200% notes maturing December 8, 2028.
- Net proceeds of ~$395.6M after discount and expenses; used for general corporate purposes or debt repayment.
- Interest payable semi-annually on June 8 and December 8, starting June 8, 2026.
- Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, and structurally junior to subsidiary debt.
- Registration rights agreement obligates fund to file exchange or shelf registration, with additional interest if delayed.

## SEC filing metadata
- accession: 0001193125-25-311201
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837532/000119312525311201/0001193125-25-311201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837532/000119312525311201/d99047d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-311201
- JSON: https://secwatch.observer/filing/0001193125-25-311201.json
- Plain text: https://secwatch.observer/filing/0001193125-25-311201.txt

## Key facts
- Debt Financings
  Apollo Debt Solutions BDC incurred senior notes of $400,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 5.200% per year maturing December 8, 2028.
  - Instrument: senior notes
  - Principal: $400,000,000 in aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.200% per year
  - Maturity: December 8, 2028
  - Event: incurrence
  source text: On December 8, 2025, Apollo Debt Solutions BDC (the “ Fund ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”) entered into a Fifth Supplemental Indenture (the “ Fifth Supplemental Indenture ” and, together with the Base Indenture (defined herein), the “ Indenture ”) related to the $ 400,000,000 in aggregate principal amount of its 5.200% notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837532/000119312525311201/0001193125-25-311201-index.htm

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