secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Debt Solutions BDC (—)
CIK:        0001837532
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001193125-26-102160
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Debt Solutions BDC subsidiary enters $500M warehouse credit facility to acquire corporate loans
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- Bald Eagle Funding LLC, wholly-owned subsidiary, entered a $500M revolving credit facility on March 9, 2026, with Bank of America, Citibank, and Virtus Group.
- Facility bears interest at Daily SOFR + 1.35% and matures in three years; proceeds used to acquire first-priority corporate loans from the parent.
- Company retains residual interest through ownership of Bald Eagle Funding and serves as collateral manager without receiving a fee.
- Loans transferred to subsidiary via a loan sale agreement; subsidiary holds full ownership and assets are not available to pay parent's debts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837532/000119312526102160/0001193125-26-102160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837532/000119312526102160/d119935d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-102160

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