- Apollo Debt Solutions BDC investors sought to withdraw 14.7% of shares in the Q3 tender offer, compared with 16.8% in the prior quarter.
- The fund will repurchase 5% of shares, the customary threshold for such vehicles.
- Repurchase requests declined sequentially across both US onshore and offshore investors.
Quotes
“We estimate that the vast majority of third-quarter requests reflect investors re-tenderin”