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Published on 5/27/2014 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

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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