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Published on 7/9/2021 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Apollo plans to offer fixed-rate notes via bookrunner BofA

By Devika Patel

Knoxville, Tenn., July 9 – Apollo Investment Corp. intends to price dollar-denominated fixed-rate notes, according to a 424B2 filed with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BofA Securities, Inc. is the bookrunner.

Proceeds will be used to repay debt under the company's senior secured facility and for general corporate purposes.

New York-based Apollo Investment is an externally managed, closed-end, non-diversified investment management company.


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