Apollo Debt Solutions BDC is a Delaware statutory trust organized as a diversified, closed‑end management investment company that has elected to be regulated as a business development company (BDC). The Fund’s investment objective is to generate current income and, to a lesser extent, long‑term capital appreciation by investing primarily in private credit opportunities in directly originated assets, including loans and other debt securities for large private U.S. borrowers; the Fund offers its common shares on a continuous basis and provides limited liquidity through periodic tender offer repurchase programs (the Board may elect to offer repurchases quarterly, typically limited to up to 5% of outstanding shares); the Fund is externally managed by Apollo Credit Management, LLC, which serves as Adviser.
News and Notices
Apollo Global Management LLC
2022
'40 Act
Non-Traded BDC
USD
Quarterly
Daily
1.25%
December 31
News and Notices
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Notices
Date
Time (ET)
Notice Type
Source
Notice
Feb 19, 2025
16:10
Distributions, Marketing Materials, Performance
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Apollo Debt Solutions BDC declared August 2026 gross distributions of $0.1800 per share for each share class, with July 31 net asset value unchanged at $23.83 per share. Record date is August 31, with payment around September 29.
May 19, 2026
16:05
Compliance
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Apollo Debt Solutions BDC secured a joint fidelity bond with Apollo Credit Management providing $2.5 million of coverage from August 4, 2026 to August 4, 2027. Apollo Debt Solutions BDC will pay a $7,175 premium.
Apr 18, 2024
16:11
Debt Issuances
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Apollo Debt Solutions BDC amended its credit facility, extending maturity from August 12, 2030 to August 12, 2031 and increasing commitments from $3.828 billion to $3.990 billion. Borrowings remain subject to portfolio-based advance rates and Investment Company Act leverage restrictions.
Jul 14, 2025
16:16
Fees, Redemptions
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Apollo Debt Solutions BDC commenced a repurchase offer for up to 29.4 million shares, approximately 5% outstanding, at September 30, 2026 net asset value. Investors tendering shares issued after October 1, 2025 generally face a 2% proceeds deduction.
Sep 14, 2023
16:10
Other
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Apollo Debt Solutions BDC delayed the effectiveness of its previously filed securities registration from August 16, 2026 to September 13, 2026; the amendment was signed by Officers and Trustees on August 14, 2026.
Jan 07, 2024
16:30
Debt Issuances, Marketing Materials
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Apollo Debt Solutions BDC completed a $515 million term debt securitization backed primarily by first-lien commercial loans, including $422 million of secured notes, $50 million of loans and $93 million of subordinated notes.
Apr 06, 2025
16:07
Redemptions
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Apollo Debt Solutions BDC reported final tender offer results: 101.5 million shares were tendered, and 30.2 million shares were repurchased pro rata for $720.2 million at $23.83 per share.
Apr 23, 2025
16:06
Distributions, Marketing Materials, Subscriptions
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Apollo Debt Solutions BDC sold 186,709 unregistered Class I common shares for $4.4 million and declared July distributions of $0.1800 gross per share. Shareholders of record July 31, 2026 will receive payment around August 28 in cash or reinvested shares.
Mar 17, 2025
16:19
Other
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Apollo Debt Solutions BDC added exhibits through post-effective amendment No. 23, with estimated issuance and distribution expenses totaling $7.1 million and 24,957 record holders as of February 28, 2026. Offering disclosures otherwise remain unchanged.
Dec 17, 2025
16:18
Debt Issuances, Marketing Materials
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Apollo Debt Solutions BDC issued $750 million of 6.350% notes due 2033 on June 30, 2026, in a private placement. Net proceeds are expected to fund general corporate purposes and/or repay indebtedness, including the revolving credit facility.
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News
BDCs
Debt
Capital Flows
North America
Cox Capital launches tender offers for three major BDCs
Jul 14, 2026
The ~$30 million transaction will provide liquidity to shareholders in private debt funds managed by BlackRock, Apollo, and Ares at 15-30% discounts.
Contributors
Research & Stats
Debt
BDCs
Capital Flows
After the Storm: Why Private Credit Redemption Queues Will Endure
Jul 8, 2026
Mark Goldberg of Alternative Investments Market Intelligence analyzes why redemption queues across non-traded BDCs could take years to clear despite easing withdrawal demand.
AI-Generated Movement
Debt
BDCs
North America
Apollo BDC prices $750 million notes offering
Jun 26, 2026
The private debt vehicle recently cappedQ2 redemptionsafterrepurchaserequests reached 16.8% of outstanding shares.
AI-Generated Movement
BDCs
Debt
Capital Flows
North America
Redemption surge reaches Apollo BDC, again
Jun 23, 2026
The Apollo Debt Solutions BDC gated withdrawals for a second consecutive quarter after investors sought to redeem approximately 16.8% of outstanding shares in Q2.
BDCs
Debt
North America
Fitch affirms Apollo BDC's rating, maintains stable outlook
Apr 10, 2026
The rating agency does not expect positive rating momentum for Apollo Debt SolutionsBDCin the near term.
AI-Generated Movement
BDCs
Debt
Capital Flows
North America
Apollo BDC becomes latest private debt fund to limit redemptions
Mar 24, 2026
Apollo Debt Solutions adhered to its 5% cap, fulfilling just 45% of total withdrawal requests.
Apollo Debt Solutions BDC
Apollo Global Management LLC is responsible for managing Apollo Debt Solutions BDC.
Apollo Debt Solutions BDC launched in 2022.
Apollo Debt Solutions BDC is registered as a '40 Act fund.
Apollo Debt Solutions BDC is structured as a Non-Traded BDC fund.
You can invest in Apollo Debt Solutions BDC by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Apollo Debt Solutions BDC daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Apollo Debt Solutions BDC quarterly, subject to redemption limits and notice requirements.
Shares of Apollo Debt Solutions BDC can be purchased in USD.
Apollo Debt Solutions BDC's fiscal year end is December 31.
Apollo Debt Solutions BDC's net asset value was $13,998 million and its portfolio had a fair value of $25,432.6 million as of June 30, 2026.
Among other deal types, Apollo Debt Solutions BDC primarily makes Debt Investments.
Among other asset classes, Apollo Debt Solutions BDC primarily invests in Direct Lending.
Among other regions, Apollo Debt Solutions BDC primarily invests in the USA and Globally.
Apollo Debt Solutions BDC charges a 1.25% annual management fee, which is calculated based on NAV.
You can invest in ADS-BDCS shares with a minimum initial investment of $2,500.
You can invest in ADS-BDCS shares with a minimum subsequent investment of $500.
You will be subject to paying an early repurchase/redemption fee of 2%.
Apollo Debt Solutions BDC's ADS-BDCI share class generated an annualized 1-month return of 8.37% and 4-year return of 5.14% as of June 30, 2026.
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