Simpson Thacher Represents Underwriters in $135 Million Senior Notes Offering by Apollo Investment Corporation
06.18.13
This is only gets display when printing
Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS Securities LLC, in connection with a registered public offering of $135 million aggregate principal amount of 6.875% Senior Notes due 2043 by Apollo Investment Corporation (“Apollo”).
Apollo (NASDAQ: AINV) is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Apollo provides private debt market solutions to middle market companies in the form of senior secured, mezzanine and asset based loans and may also acquire equity interests. Apollo seeks to provide private financing solutions for private companies that do not have access to the more traditional providers of credit.
The Simpson Thacher team included Sarah Cogan, Matthew Levy, Jonathan Stradling and summer associate Sage Hughes (Capital Markets); Jonathan Cantor and Devin Heckman (Tax); and Jennie Getsin (Blue Sky).