SRSEC Reporting Desk

Apollo Debt Solutions BDC – Company response

2025-11-20 · Re: Registration Statement on Form N-14 ( · Accession 0001193125-25-289970 · Agreed to revise

1. 2. Comment : Please update any financial information provided as of June 30, 2025 in the Initial Filing to be provided as of September 30, 2025 in Amendment No. 1. Response : In response to the Staff’s comment, the Fund has provided financial information as of September 30, 2025 in Amendment No. 1, as applicable. Securities and Exchange Commission November 20, 2025 3. Comment : Please confirm all cross-references in the italicized paragraph under “Risk Factors” on page 12 of the Initial Filing are accurate. Also, please revise the italicized paragraph to specify which Quarterly Reports on…

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