---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-219115"
form_type: "8-K"
ticker: "APO"
cik: "0001858681"
company_name: "Apollo Global Management, Inc."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T05:00:25.467863+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Apollo Global issues $600M of 7.625% junior subordinated notes due 2053; redeems $575M AAM preferred

## Summary
- $600M aggregate principal of 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 issued.
- Interest rate 7.625% fixed until Dec 15, 2028; thereafter resets at 5-year UST + 3.226%.
- Proceeds, with cash on hand, to redeem all $575M liquidation preference of AAM Series A & B Preferred.
- AAM Preferred redemption at $25/share plus unpaid dividends; redemption date Sep 22, 2023.
- Underwriting agreement with Morgan Stanley, BofA, UBS, Wells Fargo.

## SEC filing metadata
- accession: 0001193125-23-219115
- form_type: 8-K
- ticker: APO
- cik: 0001858681
- company_name: Apollo Global Management, Inc.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1858681/000119312523219115/0001193125-23-219115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1858681/000119312523219115/d529427d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-219115
- JSON: https://secwatch.observer/filing/0001193125-23-219115.json
- Plain text: https://secwatch.observer/filing/0001193125-23-219115.txt

## Key facts
- Debt Financings
  Apollo Global Management, Inc. incurred senior notes of $600,000,000 with U.S. Bank Trust Company, National Association at 7.625% maturing 2053.
  - Instrument: senior notes
  - Principal: $600,000,000
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 7.625%
  - Maturity: 2053
  - Event: incurrence
  source text: On August 23, 2023, Apollo Global Management, Inc. (the “Company”) issued $600,000,000 aggregate principal amount of its 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 (the “Notes”) pursuant to a previously announced underwritten public offering (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1858681/000119312523219115/0001193125-23-219115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.