Apollo Global Management 7.625% Fixed-Rate Resettable Jr Subordinated Notes due 2053

Coupon is fixed at 7.625% until 12/14/2028. On 12/15/2028 the coupon resets to the 5 year treasury plus a spread of 3.226% reset every 5 years.

Interest payments may be deferred up to 5 years on 1 or more occasions without being in default

Redemption can only take place in the 3 month period before a coupon reset

Ticker: APOS

Parent Ticker: APO

OTC Grey Market Temporary Ticker: NA

Issuance Date: 08/16/2023

1st Call Date: 12/15/2028

Maturity Date: 09/15/2053

Shares Issued: 24,000,000

Overallotment Shares: 0

Coupon: 7.625%

Face Value: $25.00

Cumulative: No

Qualified: No

Quarterly Dividend Amount: 0.4766

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: BBB

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: A3

Fitch Rating: BBB+

Egan-Jones Rating: NR