On March 30, 2026, Apollo Global Management, Inc. announced the issuance of $750 million in aggregate principal amount of its 5.700% Senior Notes due 2036. This issuance was part of a previously announced underwritten public offering. The Notes were issued under an indenture dated the same day, which includes provisions for interest payments and maturity. The interest on the Notes will accrue from March 30, 2026, and will be payable semi-annually on March 30 and September 30, starting September 30, 2026. The proceeds from this offering are intended for general corporate purposes, including the repurchase and retirement of existing debt, specifically the $500 million of Apollo Management Holdings, L.P.'s 4.400% Senior Notes due 2026. This strategic move is expected to enhance Apollo's liquidity position and optimize its capital structure. The Notes were sold under an effective automatic shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission on April 14, 2023. The offering is seen as a positive step for Apollo, potentially improving its financial flexibility and reducing interest expenses in the long term.
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