---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-277655"
form_type: "8-K"
ticker: null
cik: "0001837532"
company_name: "Apollo Debt Solutions BDC"
filed_at: "2026-06-22T21:00:09+00:00"
generated_at: "2026-06-22T21:04:53.663853+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Apollo Debt Solutions BDC expects $0.4B net outflows in Q2; portfolio 100% first lien, PIK 2.9%

## Summary
- Gross Q2 inflows of $0.3B; H1 total inflows $1.0B; redemption requests of 16.8% of shares outstanding.
- Will honor 5% quarterly redemption target, estimated $0.7B gross outflows; net outflows approx. $0.4B (3% of NAV).
- Portfolio 100% first lien, 41% LTV, $307M weighted-avg EBITDA, 10% YoY EBITDA growth, interest coverage 2.6x.
- Non-accruals at 1% of cost; PIK income half the peer average (2.9% of gross investment income).
- Leverage at 0.77x; immediately available liquidity of $4.3B; YTD repayments $1.3B (annualized 12%).

## SEC filing metadata
- accession: 0001193125-26-277655
- form_type: 8-K
- cik: 0001837532
- company_name: Apollo Debt Solutions BDC
- filed_at: 2026-06-22T21:00:09+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837532/000119312526277655/0001193125-26-277655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837532/000119312526277655/d66029d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-277655
- JSON: https://secwatch.observer/filing/0001193125-26-277655.json
- Plain text: https://secwatch.observer/filing/0001193125-26-277655.txt

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