In response to the post “What’s going on at BDO USA?,” an erudite Redditor with remedial EDGAR search skills pulled up Apollo’s 10-Q for the quarter ended March 31, 2024. As far as we know, the details of this deal haven’t been reported in the media, only that BDO and Apollo had done a $1.3 billion debt financing transaction. See earlier: Let’s Speculate Wildly About Why All the BDO USA Partners Are Getting Together for a Secret Meeting in Florida (UPDATE)
The comment:
Comment
byu/Delicious_Chip_6339 from discussion
inAccounting
And there it is:
In a format one can actually read (As noted above, this is in thousands, except share data):
Investment Type | Interest Rate | Maturity | Par/Shares | Cost | Fair Value | |
---|---|---|---|---|---|---|
First Lien Secured Debt | S+600, 2.00% Floor | 8/31/2028 | 195,752 | 192,198 | 192,111 |
So there you go. Off to go dig around in EDGAR to find more accounting firm/private equity transaction deets, brb.