AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryApollo 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.
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.
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.
The company said it plans to use the net proceeds from the sale of the Notes for general corporate purposes.
Summary
AI-writtenAnalysis 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.
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