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Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.

Apollo Completes Offering of $275 Million in Preferred Shares

Paul, Weiss represented Apollo Global Management, LLC in a public offering of its new series of 6.375% Series A Preferred Shares with a liquidation preference of $25.00 per share. The offering was comprised of 11,000,000 Series A Preferred Shares representing gross proceeds of $275 million, including 1,000,000 of Series A Preferred Shares sold pursuant to the over-allotment option granted by Apollo to the underwriters. Apollo contributed the offering proceeds to 13 indirect subsidiaries in exchange for preferred interests that mirror the terms of the 6.375% Series A Preferred Shares.

The Paul, Weiss team included corporate partners Gregory Ezring, Brad Finkelstein, Brian Finnegan, Catherine Goodall and Monica Thurmond and counsel Bruce Goldberger; and tax partner Brad Okun.

March 7, 2017

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