Apollo Global Management Enters Material Definitive Agreement
Ticker: APOS · Form: 8-K · Filed: Oct 10, 2024 · CIK: 1858681
| Field | Detail |
|---|---|
| Company | Apollo Global Management, INC. (APOS) |
| Form Type | 8-K |
| Filed Date | Oct 10, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $500,000,000, $300,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, off-balance-sheet
Related Tickers: APO
TL;DR
APO signed a big deal on Oct 10, 2024 - could affect their finances.
AI Summary
On October 10, 2024, Apollo Global Management, Inc. entered into a material definitive agreement related to its financial obligations. The company, incorporated in Delaware, filed this 8-K report to disclose this event. Specific details regarding the agreement and its financial implications are not fully elaborated in the provided text, but it pertains to obligations under an off-balance sheet arrangement.
Why It Matters
This filing indicates a significant new financial commitment or arrangement for Apollo Global Management, which could impact its financial structure and future obligations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that may not be immediately apparent.
Key Players & Entities
- Apollo Global Management, Inc. (company) — Registrant
- October 10, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific type of material definitive agreement did Apollo Global Management, Inc. enter into?
The filing indicates the entry into a material definitive agreement, but the specific nature of the agreement is not detailed in the provided text.
What is the significance of the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' item?
This item signifies that the agreement involves a new financial commitment or obligation for Apollo Global Management, Inc., potentially impacting its balance sheet or off-balance sheet arrangements.
When was this 8-K filing submitted?
The filing was submitted on October 10, 2024.
What is Apollo Global Management, Inc.'s state of incorporation?
Apollo Global Management, Inc. is incorporated in Delaware.
Does the filing provide specific dollar amounts related to the new agreement?
The provided text does not contain specific dollar amounts related to the material definitive agreement.
Filing Stats: 1,095 words · 4 min read · ~4 pages · Grade level 9.3 · Accepted 2024-10-10 16:21:02
Key Financial Figures
- $500,000,000 — Management, Inc. (the "Company") issued $500,000,000 aggregate principal amount of its 6.000
- $300,000,000 — rposes, including to redeem in full the $300,000,000 aggregate principal amount outstanding
Filing Documents
- d870160d8k.htm (8-K) — 35KB
- d870160dex11.htm (EX-1.1) — 227KB
- d870160dex41.htm (EX-4.1) — 548KB
- d870160dex51.htm (EX-5.1) — 19KB
- g870160g1008073000109.jpg (GRAPHIC) — 3KB
- 0001193125-24-235936.txt ( ) — 1160KB
- apo-20241010.xsd (EX-101.SCH) — 3KB
- apo-20241010_def.xml (EX-101.DEF) — 14KB
- apo-20241010_lab.xml (EX-101.LAB) — 23KB
- apo-20241010_pre.xml (EX-101.PRE) — 14KB
- d870160d8k_htm.xml (XML) — 7KB
Financial Statements and Exhibits
Financial Statements and Exhibits. The exhibits to this Current Report on Form 8-K (except Exhibit 104) are hereby incorporated by reference into the Registration Statement. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated as of October 3, 2024, among Apollo Global Management, Inc. and J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC, as representatives of the underwriters, relating to the 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054. 4.1 Indenture, dated as of October 10, 2024, among Apollo Global Management, Inc., the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee. 4.2 Form of 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054 (included in Exhibit 4.1). 5.1 Opinion of Paul, Weiss, Rifkind, Wharton & Garrison LLP with respect to the 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054. 23.1 Consent of Paul, Weiss, Rifkind, Wharton & Garrison LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 10, 2024 APOLLO GLOBAL MANAGEMENT, INC. By: /s/ Jessica L. Lomm Name: Jessica L. Lomm Title: Vice President & Secretary