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Apollo Senior Floating redeems all $30.68 million series A preferreds
By Tali Rackner
Norfolk, Va., May 27 - Apollo Senior Floating Rate Fund Inc. redeemed all of its series A preferred stock issued to Wells Fargo Bank NA in the aggregate amount of $30.68 million on May 15, according to an 8-K filing with the Securities and Exchange Commission.
The fund also repaid the entire $122,704,615.39 outstanding amount on its existing credit facility with Wells Fargo Bank.
Apollo Credit Management LLC, an affiliate of Apollo Global Management LLC, is the fund's investment adviser.
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