Apollo Global Management eyeing offering of senior notes

By Aleesia Forni

Virginia Beach, May 27 - Apollo Global Management, LLC intends to price an offering of senior notes subject to market conditions, according to a company release.

The notes will be sold via Rule 144A and Regulation S.

Proceeds will be used to repay a portion of the company's outstanding term loans under its existing credit facilities.

Any remaining net proceeds will be used for general corporate purposes.

The notes will be issued by the company's Apollo Management Holdings, LP and guaranteed by Apollo's indirect subsidiaries Apollo Principal Holdings I, LP, Apollo Principal Holdings II, LP, Apollo Principal Holdings III, LP, Apollo Principal Holdings IV, LP, Apollo Principal Holdings V, LP, Apollo Principal Holdings VI, LP, Apollo Principal Holdings VII, LP, Apollo Principal Holdings VIII, LP, Apollo Principal Holdings IX, LP and AMH Holdings (Cayman), LP

Apollo is a global alternative investment manager based in New York.

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