Simpson Thacher recently represented the underwriters in connection with Apollo Global Management, Inc.’s registered public offering of $500 million aggregate principal amount of 6.375% Senior Notes due 2033. Simpson Thacher has represented the underwriters and initial purchasers in connection with over $5.1 billion of debt or equity issued by Apollo and its subsidiaries since 2014.
Apollo intends to use the proceeds from the offering to repurchase, repay, redeem or otherwise retire in full the $500 million aggregate principal amount outstanding of the 4.000% Senior Notes due 2024 issued by Apollo Management Holdings, L.P. before or upon their maturity and pay related fees and expenses.
Founded in 1990, Apollo is a high-growth, global alternative asset manager and a retirement services provider. As of September 30, 2023, Apollo had approximately $631 billion of assets under management.
The Simpson Thacher team included Joshua Bonnie, Katharine Thompson, Patrick McCamy, Evan Hunt and Brice Stewart (Capital Markets); Andrew Purcell and Daisy Dai (Tax); Lori Lesser and Alysha Sekhon (Intellectual Property); Steven DeLott (Insurance); Andrew Pagliughi and Jennie Getsin (Blue Sky); and Pasco Struhs (ECEB).