---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-315950"
form_type: "8-K"
ticker: null
cik: "0001837532"
company_name: "Apollo Debt Solutions BDC"
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:32:21.482961+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC subsidiary ups credit facility to $1.2B, extends maturity to 2031

## Summary
- Credit facility commitment increased from $800M to $1.2B.
- Revolving period extended to Jan 2029; maturity extended to Jan 2031 (subject to no default).
- Interest rate modified: Applicable Margin set at greater of 1.70% or 1.45% (broadly syndicated/bond) or 1.85% (private/middle market).
- Maximum advance rate increased to 70% (diversity score >=25) or 67.5% (score 20-25).
- Borrower represented no default or event of default continuing as of amendment date.

## SEC filing metadata
- accession: 0001193125-25-315950
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837532/000119312525315950/0001193125-25-315950-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837532/000119312525315950/d15520d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-315950
- JSON: https://secwatch.observer/filing/0001193125-25-315950.json
- Plain text: https://secwatch.observer/filing/0001193125-25-315950.txt

## Key facts
- Material Agreements
  Apollo Debt Solutions BDC amended Seventh Credit Facility Amendment with Citibank, N.A., as administrative agent, and The Bank of New York Mellon Trust Company, National Association, as collateral agent, custodian and collateral administrator (effective 2025-12-08).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A., as administrative agent, and The Bank of New York Mellon Trust Company, National Association, as collateral agent, custodian and collateral administrator
  - Effective: 2025-12-08
  source text: On December 8, 2025, Cardinal Funding LLC (“Cardinal Funding”), a wholly owned subsidiary of Apollo Debt Solutions BDC, a Delaware statutory trust (the “Company”) entered into Amendment No. 7 (the “Seventh Credit Facility Amendment”) to its Credit and Security Agreement (the “Secured Credit Facility”), dated as of January 7, 2022, by and among Cardinal Funding, as borrower, the Company, in its capacity as collateral manager and in its capacity as equityholder, the lenders from time to time parties thereto, Citibank, N.A., as administrative agent, and The Bank of New York Mellon Trust Company, National Association, as collateral agent, custodian and collateral administrator.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837532/000119312525315950/0001193125-25-315950-index.htm

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