# Apollo Debt Solutions BDC — capital_raise [announced]
Source: sec.gov · situation sit_014b46621a0be6f3d73d · public 9662928390299978698 · retrieved 2026-08-19T12:00:46.856Z

## Overview
Apollo Debt Solutions BDC is a business development company that invests in debt securities and other portfolio investments.

On August 12, 2026, Apollo Debt Solutions BDC amended and restated its senior secured, multi-currency revolving credit facility with JPMorgan Chase Bank, N.A. as Administrative Agent. The facility was increased from $3.828 billion to $3.990 billion, with the final maturity date extended from August 12, 2030 to August 12, 2031. The accordion provision was increased from $5.180 billion to $5.985 billion. The amendment also removed the credit spread adjustment applicable to Dollar-denominated borrowings and modified the minimum shareholders' equity test to permit a 25% deduction of any equity interests of the Borrower bought back on or after July 1, 2026, removing the prior quarterly limitation.

## Terms
- Counterparty: JPMorgan Chase Bank, N.A. and syndicate of lenders · Deal value: $3.99B

## Key dates
- Announced 2026-08-18

## Timeline
- 2026-08-18 · 8-K (0001193125-26-355449): 8-K - Apollo Debt Solutions BDC — *Apollo Debt Solutions BDC is a business development company that invests in debt securities and other portfolio investments.* On August 12, 2026, Apollo Debt Solutions BDC amended and restated its senior secured, multi-currency revolving credit facility with JPMorgan Chase Bank, N.A. as Administrative Agent. The facility was increased from $3.828 billion to $3.990 billion, with the final maturity date extended from August 12, 2030 to August 12, 2031. The accordion provision was increased from $5.180 billion to $5.985 billion. The amendment also removed the credit spread adjustment applicable to Dollar-denominated borrowings and modified the minimum shareholders' equity test to permit a 25% deduction of any equity interests of the Borrower bought back on or after July 1, 2026, removing the prior quarterly limitation.
  https://www.sec.gov/Archives/edgar/data/1837532/0001193125-26-355449.txt

## Citations
- 0001193125-26-355449 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526355449
