Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, has announced its monthly net asset value per share for June 2023.
Apollo reported that their Class I, Class S and Class D shares had an NAV per share of $24.18 as of June 30, 2023, up 1.117% compared to $23.91 the previous month. Shares were originally priced at $25.00 each.
As of June 30, 2023, the fund’s aggregate NAV increased to $2.6 billion.
As The DI Wire previously reported, Apollo’s board declared a special distribution of $0.02 per share for shareholders of record as of June 30, 2023, to be paid around June 27, 2023. The fund’s board announced an additional special distribution of $0.02 per share for shareholders of record as of July 30, 2023, to be paid around August 29, 2023.
Apollo Debt Solutions BDC launched its $5 billion offering in early 2022 and has raised approximately $3.0 billion through its public and private offerings, as of June 30, 2023.