secwatch.observer — SEC 8-K summary
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Issuer:     Apollo Global Management, Inc. (APO)
CIK:        0001858681
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001193125-24-235936
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo issues $500M in 6% junior subordinated notes due 2054; to redeem $300M of existing notes
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- $500M aggregate principal of 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054 issued.
- Interest fixed at 6.000% until Dec 15, 2034, then resets at 5yr UST + 2.168%.
- Proceeds to redeem in full $300M of Apollo Management Holdings' 4.950% Subordinated Notes due 2050.
- Underwriters: J.P. Morgan, BofA Securities, Citigroup, Goldman Sachs; closing Oct 10, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1858681/000119312524235936/0001193125-24-235936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1858681/000119312524235936/d870160d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-235936

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer