Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

Apollo Global Management logoApollo Global Management APO

Apollo said it issued $750,000,000 in aggregate principal amount of its 5.800% Senior Notes due 2054 on May 21, 2024, under a previously announced underwritten public offering.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Apollo said it issued $750,000,000 in aggregate principal amount of its 5.800% Senior Notes due 2054 on May 21, 2024, under a previously announced underwritten public offering.

  2. The company said the Notes bear interest at a rate of 5.800% per annum, mature on May 21, 2054, and pay interest semi-annually in arrears on May 21 and November 21 of each year, with the first interest payment due on November 21, 2024.

  3. Apollo said it entered into the underwriting agreement on May 16, 2024 with BofA Securities, Barclays Capital, Citigroup Global Markets and Morgan Stanley & Co. as representatives of the underwriters, and that the sale of the Notes closed on May 21, 2024.

  4. The company said it plans to use the net proceeds from the sale of the Notes for general corporate purposes.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Apollo Issues $750,000,000 5.800% Senior Notes Due 2054

Apollo said it issued $750,000,000 in aggregate principal amount of its 5.800% Senior Notes due 2054 on May 21, 2024, under a previously announced underwritten public offering.

Source · Based on the filing body and exhibits

Interest Rate, Maturity and Interest Payment Terms

The company said the Notes bear interest at a rate of 5.800% per annum, mature on May 21, 2054, and pay interest semi-annually in arrears on May 21 and November 21 of each year, with the first interest payment due on November 21, 2024.

Source · Based on the filing body and exhibits

Underwriting Agreement and Closing of Issuance

Apollo said it entered into the underwriting agreement on May 16, 2024 with BofA Securities, Barclays Capital, Citigroup Global Markets and Morgan Stanley & Co. as representatives of the underwriters, and that the sale of the Notes closed on May 21, 2024.

Source · Based on the filing body and exhibits

Use of Net Proceeds: General Corporate Purposes

The company said it plans to use the net proceeds from the sale of the Notes for general corporate purposes.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.