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Apollo Global Issues $750 Million Senior Notes Offering

Story Highlights
  • Apollo issued $750 million of 5.700% senior notes due 2036, strengthening its long-term funding.
  • Proceeds will help retire $500 million 2026 notes, extending maturities but raising interest expense slightly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Apollo Global Issues $750 Million Senior Notes Offering

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Apollo Global Management ( (APO) ) has provided an update.

On March 30, 2026, Apollo Global Management, Inc. issued $750 million of 5.700% senior notes due 2036 in a previously announced underwritten public offering, with interest payable semi-annually beginning September 30, 2026. The notes, sold off an effective shelf registration, are guaranteed under an indenture with U.S. Bank Trust Company as trustee and were supported by a major underwriting syndicate led by BofA Securities, Goldman Sachs, J.P. Morgan and Morgan Stanley.

Apollo plans to use the proceeds for general corporate purposes, notably to repurchase or retire in full the $500 million 4.400% senior notes due 2026, potentially extending its debt maturity profile and modestly increasing its interest cost while maintaining access to long-term capital. The transaction’s closing on March 30, 2026, underscores Apollo’s continued reliance on the investment-grade debt markets to manage its balance sheet and refinance upcoming obligations.

The most recent analyst rating on (APO) stock is a Buy with a $124.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Spark’s Take on APO Stock

According to Spark, TipRanks’ AI Analyst, APO is a Outperform.

APO’s score is driven primarily by strong financial performance (profitability, improved leverage, and a sharp 2025 free-cash-flow rebound) and a bullish earnings outlook with explicit 2026 growth targets and strong inflow momentum. These positives are tempered by weak technical positioning (below key moving averages with negative MACD) and only moderate valuation support (P/E ~19.6; ~1.85% yield).

To see Spark’s full report on APO stock, click here.

More about Apollo Global Management

Apollo Global Management, Inc. is a global alternative asset manager operating across credit, equity and real assets, providing capital solutions and investment management services to institutional and individual investors. The firm focuses on generating risk-adjusted returns through long-term, value-oriented strategies in public and private markets worldwide.

Average Trading Volume: 5,299,157

Technical Sentiment Signal: Hold

Current Market Cap: $62.69B

Learn more about APO stock on TipRanks’ Stock Analysis page.

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