Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Apollo Completes $500 Million Senior Notes Offering
- Client News
- November 13, 2023
Paul, Weiss advised Apollo Global Management in its offering of $500 million aggregate principal amount of its 6.375% senior notes due 2033. The notes are fully and unconditionally guaranteed by Apollo Management Holdings (AMH) and certain other Apollo subsidiaries. Apollo will use the net proceeds from the offering to repurchase, repay, redeem or otherwise retire in full the $500 million aggregate principal amount outstanding of the 4.000% senior notes due 2024 issued by AMH, before or upon their maturity. BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC, acted as joint bookrunning managers for the offering.
The Paul, Weiss team was led by Christodoulos Kaoutzanis and Gregory Ezring, and included corporate partners Brian Janson and Matthew Goldstein; tax partners Brian Grieve and Brad Okun; and executive compensation counsel Jake Glazeski.