{"filing":{"accession_number":"0001193125-26-230744","cik":"0001837532","ticker":null,"company_name":"Apollo Debt Solutions BDC","form":"8-K","filing_date":"2026-05-19","report_date":null,"primary_document":"d227996d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1837532/000119312526230744/d227996d8k.htm"},"classifications":[{"id":154,"accession_number":"0001193125-26-230744","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Apollo Debt Solutions BDC sold 384,867 unregistered Class I Common Shares for $9.2 million to feeder vehicles, relying on Section 4(a)(2) and Regulation S exemptions. This is a classic dilutive private placement of equity securities that would materially affect shareholder ownership and the total mix of information available to investors regarding capitalization and dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-20T02:19:06.446050+00:00","company_name":"Apollo Debt Solutions BDC","ticker":null,"filing_date":"2026-05-19"},{"id":155,"accession_number":"0001193125-26-230744","item_number":"7.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"This Item 7.01 disclosure announces May 2026 distributions declared on May 19, 2026, with per-share amounts ranging from $0.1627 to $0.1800 across three share classes, payable June 29, 2026. While routine distribution announcements are typically administrative, the accompanying portfolio and business commentary—including NAV, performance metrics, portfolio composition ($25.7B across 404 companies), leverage ratios, and recent transaction highlights (Sabre, Qualus)—constitutes material supplemental disclosure that would affect a reasonable investor's assessment of the fund's financial condition and performance. The disclosure does not fit neatly into the specific event-type taxonomy (not earnings_release, not exec-related, not M\u0026A, not a restatement or covenant breach), making other_material the most appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-20T02:19:06.446050+00:00","company_name":"Apollo Debt Solutions BDC","ticker":null,"filing_date":"2026-05-19"},{"id":156,"accession_number":"0001193125-26-230744","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"This Item 8.01 disclosure provides a Net Asset Value and Portfolio Update for Apollo Debt Solutions BDC as of April 30, 2026, including NAV per share ($23.92 across all classes), aggregate NAV ($14.5 billion), portfolio fair value ($25.7 billion), debt outstanding ($11.8 billion), and leverage ratios (0.81x debt-to-equity, 0.75x net leverage). While NAV updates and offering status are routine for BDCs, the disclosure of material portfolio metrics and leverage ratios would be relevant to investors assessing the fund's financial position and risk profile. However, this does not fit cleanly into any specific event category (not earnings, M\u0026A, impairment, covenant breach, or other defined events), making \"other_material\" the most appropriate classification.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-20T02:19:06.446050+00:00","company_name":"Apollo Debt Solutions BDC","ticker":null,"filing_date":"2026-05-19"}]}