Apollo Debt Solutions BDC issues $750M 5.700% notes due 2031, net proceeds $742.2M

Apollo Debt Solutions BDC

Issued $750M aggregate principal of 5.700% unsecured notes maturing Jan 23, 2031; interest payable semi-annually.
Net proceeds of ~$742.2M after discounts and expenses; to be used for general corporate purposes and/or to repay revolver debt.
Notes rank senior to subordinated debt, pari passu with unsecured unsubordinated, and structurally junior to subsidiary liabilities.
Registration Rights Agreement obligates Fund to file exchange offer or shelf registration for the Notes or pay additional interest.
Covenants include maintaining asset coverage under the Investment Company Act and providing financial info if no longer SEC-reporting.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

Apollo Debt Solutions BDC incurred senior notes of $750,000,000 with U.S. Bank Trust Company, National Association at 5.700% maturing January 23, 2031.

Instrument: senior notes
Principal: $750,000,000
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.700%
Maturity: January 23, 2031
Event: incurrence

Exact text from the filing

”) entered into a Sixth Supplemental Indenture (the “ Sixth Supplemental Indenture ” and, together with the Base Indenture (defined herein), the “ Indenture ”) related to the $ 750,000,000 in aggregate principal amount of its 5.700% notes due 2031 ( the “ Notes ” ), which supplements that certain Base Indenture, dated as of March 21, 2024 (as may be further amended,

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Apollo Debt Solutions BDC entered into Sixth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $750,000,000 (effective 2026-01-23).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association
Value: $750,000,000
Effective: 2026-01-23

Exact text from the filing

On January 23, 2026, Apollo Debt Solutions BDC (the “ Fund ”) and U.S. Bank Trust Company, National Association (the “ Trustee ”) entered into a Sixth Supplemental Indenture (the “ Sixth Supplemental Indenture ” and, together with the Base Indenture (defined herein), the “ Indenture ”) related to the $ 750,000,000 in aggregate principal amount of its 5.700% notes due 2031

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306 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-26-021081

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