Apollo Completes $750 Million Senior Notes Offering

Paul, Weiss advised Apollo Global Management in its offering of $750 million aggregate principal amount of 5.700% senior notes due 2036. The notes are fully and unconditionally guaranteed by certain Apollo subsidiaries. Apollo will use the net proceeds from the offering for general corporate purposes, including to refinance its $500 million aggregate principal amount outstanding of 4.400% senior notes due 2026, before or upon their maturity. BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint bookrunning managers for the offering.

The Paul, Weiss team was led by corporate partners Christodoulos Kaoutzanis and Gregory Ezring, and included partners Brian Janson and Brad Finkelstein, and tax partners Sohail Itani and Brad Okun.