UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 8.01 | Other Events. |
Tenth Supplemental Indenture
On April 14, 2023, Apollo Global Management, Inc. (the “Company”) and Apollo Asset Management, Inc., a direct subsidiary of the Company (“AAM”, and together with the Company, the “New Guarantors”) entered into a tenth supplemental indenture (the “Tenth Supplemental Indenture”) to the Indenture dated as of May 30, 2014, as previously supplemented on May 30, 2014, January 30, 2015, February 1, 2016, May 27, 2016, April 13, 2017, March 15, 2018, February 7, 2019, June 11, 2019, and June 5, 2020, among (i) Apollo Management Holdings, L.P., an indirect subsidiary of the Company (the “Issuer”), (ii) the guarantors party thereto (collectively the “Existing Guarantors”), and (iii) Computershare Trust Company, National Association (f/k/a Wells Fargo Bank, National Association), as trustee (the “Trustee”).
Pursuant to the Tenth Supplemental Indenture, each New Guarantor agreed to fully and unconditionally, jointly and severally, with the Existing Guarantors, guarantee the Issuer’s: (i) 4.000% Senior Notes due 2024; (ii) 4.400% Senior Notes due 2026; (iii) 5.000% Senior Notes due 2048; (iv) 4.872% Senior Notes due 2029; and (v) 2.650% Senior Notes due 2030.
First Supplemental Indenture
On April 14, 2023, the New Guarantors entered into a first supplemental indenture (the “First Supplemental Indenture”) to the Indenture dated as of December 17, 2019, among the Issuer, the Existing Guarantors, and the Trustee.
Pursuant to the First Supplemental Indenture, each New Guarantor agreed to fully and unconditionally, jointly and severally, with the Existing Guarantors, guarantee the Issuer’s 4.950% Fixed-Rate Resettable Subordinated Notes due 2050.
Guarantor Joinder Agreement to the Credit Agreement
On April 14, 2023, the New Guarantors entered into a guarantor joinder agreement (the “Joinder”) to the Credit Agreement, dated as of October 12, 2022 (as amended, restated, supplemented or otherwise modified from time to time, and together with the Joinder, the “Credit Agreement”), among (i) the Issuer, as the borrower of the Revolving Facility (the “Borrower”); (ii) the Initial Guarantors party thereto; (iii) the other Guarantors party thereto from time to time; (iv) the Lenders party thereto from time to time; (v) the Issuing Banks party thereto from time to time; and (vi) Citibank, N.A., as administrative agent for the Lenders (the “Administrative Agent”). Capitalized terms used in this description without definition have the meanings set forth in the Credit Agreement.
Pursuant to the Joinder, each New Guarantor guarantees to the Administrative Agent, for the benefit of the Issuing Banks and the Lenders, the prompt payment of the Loan Obligations in full when due as set forth in the Credit Agreement.
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.
| APOLLO GLOBAL MANAGEMENT, INC. | ||||||
| Date: April 14, 2023 | By: | /s/ John J. Suydam |
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| Name: | John J. Suydam | |||||
| Title: | Chief Legal Officer | |||||