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Apollo Debt Solutions BDC says it sold some shares without registering them.

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The Apollo-backed capital helps ONEOK repay debt and fund a Permian asset purchase. Apollo gets a minority stake in a new holding company, but the stated debt relief and funding support ONEOK's business.

OKE · ONEOK, Inc.

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The money helps ONEOK repay existing debt and pay for natural-gas gathering and processing assets in the Permian. Apollo receives a minority stake in a new holding company, so ONEOK shares some ownership. The stated debt repayment and purchase funding are the clearest effects.

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