Apollo Investment Corporation Completes $125 Million Notes Offering
07.16.21
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Simpson Thacher represented Apollo Investment Corporation (Nasdaq: AINV) (the “Company”) in its offering of $125 million aggregate principal amount of its 4.5% Notes due 2026 (the “Notes”). The transaction closed on July 16, 2021.
The Company intends to use the net proceeds of the Notes offering to repay a portion of the indebtedness owed under its senior secured credit facility.
The Simpson Thacher team included David Blass, Steven Grigoriou and Eric Jepeal (Registered Funds); and Jonathan Goldstein, Jonathan Cantor and Eli Shalam (Tax).