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Simpson Thacher Represents Underwriters in $350 Million Notes Offering by Apollo Investment Corporation

03.10.15
Simpson Thacher represented the underwriters, led by Barclays Capital Inc. and Citigroup Global Markets Inc., in connection with a registered public offering of $350 million aggregate principal amount of 5.25% Notes due 2025 by Apollo Investment Corporation (“Apollo”).

Apollo (NASDAQ: AINV) is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Apollo invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies. 

The Simpson Thacher team included Sarah Cogan, Jo Djekovic and Yu Mizutani (Capital Markets); Jonathan Cantor and Devin Heckman (Tax); and Jennie Getsin (Blue Sky).