Apollo Management(APO)
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CX360, Inc. Supports FCC Ruling to Require Georouting for Wireless Calls to the 988 Suicide & Crisis Lifeline
GlobeNewswire News Room· 2024-10-17 19:20
OMAHA, Neb., Oct. 17, 2024 (GLOBE NEWSWIRE) -- CX360, Inc. (“Mosaicx”), a conversational AI pioneer, applauds today’s decision by the Federal Communications Commission (FCC) to adopt a new regulation requiring georouting for wireless calls to the 988 Suicide & Crisis Lifeline. This decision enables help seekers to receive localized care, maintains the 988 Lifeline’s centralized routing system and promotes a uniform standard of care for people experiencing a mental health crisis. Mosaicx provides the intelli ...
Big Money Jumping into Apollo Shares
FX Empire· 2024-10-11 20:54
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Apollo to Announce Third Quarter 2024 Financial Results on November 5, 2024
GlobeNewswire News Room· 2024-10-08 13:00
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the third quarter 2024 on Tuesday, November 5, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event. Apollo distributes its earnings releases via its website and email lists. Those interested i ...
Apollo Prices Offering of Fixed-Rate Resettable Junior Subordinated Notes
GlobeNewswire News Room· 2024-10-03 19:31
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering (the “Offering”) of $500 million aggregate principal amount of its 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by certain subsidiaries of the Issuer that are obligors under the Issuer’s outstanding debt securities. ...
PK AirFinance Issues $633 Million Aviation Loan ABS
GlobeNewswire News Room· 2024-10-02 20:36
Transaction Overview - PK AirFinance closed its second aircraft loan asset-backed securitization (ABS) in 2024, named PK ALIFT LOAN FUNDING 4 Series 2024-2 (PKAIR 2024-2), issuing over $633 million of debt [1] - The issuance was oversubscribed and included AAA-rated tranches rated by KBRA and DBRS [1][2] - The debt will be used to acquire a 100% series limited partnership interest in a PK-managed origination vehicle, securing the rights to the economics of a portfolio of aviation loans [1] Portfolio Details - The notes are secured by a portfolio of 129 senior-secured aviation loans, covering 73 narrowbody aircraft, 8 widebody aircraft, 32 freighter aircraft, 6 engines, and 10 regional jet aircraft [2] - The portfolio spans 53 unique obligors [2] Market Participation - The issuance saw broad participation from capital markets participants, including third-party insurers [2] - Redding Ridge Asset Management and Mizuho Americas acted as co-structuring agents, while Mizuho Americas, BNP Paribas, RBC, and Apollo Global Solutions served as Joint Lead Bookrunners [2] - Blackstone Securities Partners L P acted as Co-Manager [2] Company Statement - PK AirFinance CEO Gary Rothschild emphasized the company's commitment to diversifying funding sources through capital markets and its intention to be a repeat issuer [2] - The company aims to grow the PKAIR ABS shelf to provide flexible and competitive financing solutions to airline and lessor clients [2] Legal and Advisory Roles - Milbank LLP served as issuer counsel, and Vedder Price acted as lender counsel [3] Company Background - PK AirFinance is a specialized aircraft and aircraft engine lending business with deep expertise in aviation finance [3] - The company has comprehensive origination, underwriting, structuring, and syndication capabilities delivered by a team of experienced professionals [4]
Apollo to Provide €1 Billion Capital Solution to Vonovia in Third Transaction
GlobeNewswire News Room· 2024-10-02 20:05
NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that it has entered into an agreement for Apollo affiliates and other long term investors to provide c. €1 billion to acquire a minority stake in one of Vonovia’s affiliates. This commitment follows two previous €1 billion transactions between Vonovia and Apollo in 2023, related to Vonovia’s real estate portfolios in Southwest Germany and Northern Germany. The latest agreement brings Apollo affiliates and funds total arranged com ...
Apollo just set a goal to manage $1.2 trillion in private loans by 2029. These 7 slides show how it will get there.
Business Insider· 2024-10-01 22:01
Apollo aims to grow its private-lending business to $1.2 trillion by 2029.Asset managers, like Apollo, are taking over lending once handled by banks, CEO Marc Rowan said.Here are 7 slides from Apollo's investor day that lay out the plan behind its $1-trillion plan. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a person ...
TeleVox Builds on Success of Practice Edition at Leaders Conference
GlobeNewswire News Room· 2024-10-01 13:00
DENVER, Oct. 01, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management (PRM) platforms, is taking its successful Practice Edition offering to the Mile High City for the annual Leaders Conference hosted by the Medical Group Management Association (MGMA). Launched in March, TeleVox Practice Edition offers a suite of services designed specifically to help physicians and their staff overcome common industry challenges, including inefficient scheduling pr ...
Apollo Unveils Attractive Growth Plan and Financial Targets at Investor Day
GlobeNewswire News Room· 2024-10-01 11:44
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Today, Apollo (NYSE: APO) will host its previously announced Investor Day to present the firm’s business priorities and new five-year financial targets. Members of the senior management team will outline Apollo’s views on the future of the alternative asset management industry, the firm’s strategic positioning, and business plan to continue generating attractive returns for stockholders. Marc Rowan, Chief Executive Officer of Apollo, said, “In an industry where we ...
GlobeNewswire Helps German Public Companies Streamline Regulatory Filing and News Distribution
GlobeNewswire News Room· 2024-09-25 07:15
NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Notified, the provider of GlobeNewswire, a leading press release distribution platform, today expanded its presence in Germany. This expansion allows publicly listed companies in Germany to fulfill their notification and publication obligations with local stock exchanges and publish mandatory announcements across Europe—all through a single platform. Starting on October 1, Notified will expand its European Regulatory News (ERN) offering through a new regulatory f ...