Apollo Issues $600 Million of 7.55% Junior Subordinated Notes Due 2056

Bitget2026/11/13 21:51

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Apollo Global Management issued $600 million of Fixed-Rate Resettable Junior Subordinated Notes on November 13, 2026.
The notes bear 7.55% interest until December 15, 2036, then reset to the Five-Year U.S. Treasury Rate with a 2.67% spread.
Maturity is December 15, 2056. Semiannual interest payments begin June 15, 2027, subject to deferral rights.
Net proceeds will fund general corporate purposes, including the previously announced investment in Mubadala Capital Asset Management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Global Management Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-460879), on November 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Apollo Issues $600 Million of 7.55% Junior Subordinated Notes Due 2056

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