Apollo Management(APO)
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Athene Announces Fixed Income Investor Conference Call
Newsfilter· 2024-07-18 20:30
WEST DES MOINES, Iowa, July 18, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. ("Athene"), a leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor conference call on Thursday, August 8, 2024 at 10:00AM ET. The call will feature members of Athene's senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital. An accompanying presentation, li ...
U.S. Silica Announces Stockholder Approval of Acquisition by Apollo Funds
Prnewswire· 2024-07-16 20:15
KATY, Texas, July 16, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and a leading last-mile logistics provider to the oil and gas industry, announced today that its previously announced agreement to be acquired by funds managed by affiliates of Apollo (NYSE: APO) ("Apollo"), one of the world's premier investment firms, in an all-cash transaction (the "Merger"), was approved at a special meeting of the Company's stockholders (the "Spec ...
TeleVox Practice Edition Honored in Spring 2024 Digital Health Awards
Newsfilter· 2024-07-16 13:00
OMAHA, Neb., July 16, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, was selected as a winner in the Spring 2024 Digital Health Awards®, a program recognizing the best digital health resources. TeleVox Practice Edition received a Merit award in the Web-Based Digital Health – Portal/Patient Education category. TeleVox introduced Practice Edition to help physicians and their staff overcome common industry challenges, including ineffic ...
TeleVox Practice Edition Honored in Spring 2024 Digital Health Awards
GlobeNewswire News Room· 2024-07-16 13:00
Core Insights - TeleVox's Practice Edition won a Merit award in the Web-Based Digital Health – Portal/Patient Education category at the Spring 2024 Digital Health Awards, recognizing its effectiveness in enhancing patient relationship management [1][3] - The platform addresses key challenges in the healthcare industry, such as inefficient scheduling, poor communication, low patient retention, and reputation management [1][2] Company Overview - TeleVox is a leading provider of omnichannel digital patient relationship management technology, trusted by over 7,000 healthcare organizations, including hospitals and community health centers [5] - The company integrates its platform with electronic health records (EHR) to facilitate automated, personalized, two-way interactions with patients [5] Product Features - Practice Edition utilizes advanced automated systems and generative AI technology to improve patient experiences and reduce staff workload [2][3] - The platform simplifies scheduling workflows, decreases no-show rates, and helps maintain a consistently filled schedule for healthcare practices [2] Industry Recognition - The Digital Health Awards, organized by the Health Information Resource Center, recognized Practice Edition from nearly 700 entries, highlighting its value in the digital health space [3]
Apollo Funds to Acquire The Travel Corporation
GlobeNewswire News Room· 2024-07-16 12:30
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and The Travel Corporation (TTC) today announced they have entered into definitive agreement for Apollo-managed funds (the “Apollo Funds”) to acquire TTC, which has been privately owned and operated for more than a century. The transaction is comprised of 18 leading brands, including Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour compan ...
PK AirFinance Issues Inaugural $622 Million Aviation Loan ABS
Newsfilter· 2024-07-11 15:12
Core Insights - PK AirFinance has successfully closed its inaugural aircraft loan asset-backed securitization, PK ALIFT LOAN FUNDING 3 Series 2024-1, issuing over $622 million in notes [1][2] - This marks the first commercial aircraft loan ABS issuance in 2024 and the first AAA-rated aviation ABS public issuance in over 20 years, attributed to the quality of the asset portfolio and management team [1][2] Company Overview - PK AirFinance is a specialized aircraft and aircraft engine lending business with extensive expertise in aviation finance, offering comprehensive origination, underwriting, structuring, and syndication capabilities [3] - The company is an affiliate of Apollo and aims to diversify its financing sources while supporting its integrated aviation platform's demand for directly originated aviation assets [2] Transaction Details - The issuance was oversubscribed and included broad participation from capital markets participants, including third-party insurers [2] - The notes are secured by a portfolio of 122 senior-secured aviation loans across various aircraft types, including 70 narrowbody, 6 widebody, 30 freighter, 7 engines, and 9 regional jet aircraft, involving 52 unique obligors [2] - Apollo Global Solutions served as the sole lead arranger, with multiple financial institutions acting as joint lead bookrunners [2]
PK AirFinance Issues Inaugural $622 Million Aviation Loan ABS
GlobeNewswire News Room· 2024-07-11 15:12
Core Insights - PK AirFinance has successfully closed its inaugural aircraft loan asset-backed securitization, PK ALIFT LOAN FUNDING 3 Series 2024-1, issuing over $622 million in Notes [1][2] - This issuance is notable as it represents the first AAA-rated aviation ABS public issuance in over 20 years, attributed to the quality of the asset portfolio and the management team's capabilities [1][2] Company Overview - PK AirFinance is a specialized aircraft and aircraft engine lending business with extensive expertise in aviation finance, offering comprehensive origination, underwriting, structuring, and syndication capabilities [3] - The company aims to diversify its financing sources and enhance its ability to provide competitive financing to airline and lessor clients through this transaction [2] Transaction Details - The issuance was oversubscribed and included participation from various capital market participants, including third-party insurers [2] - The Notes are secured by a portfolio of 122 senior-secured aviation loans, covering 70 narrowbody aircraft, 6 widebody aircraft, 30 freighter aircraft, 7 engines, and 9 regional jet aircraft across 52 unique obligors [2] Management Commentary - The CEO of PK AirFinance expressed excitement about the transaction, highlighting its strategic significance and the strength of the collateral pool [2] - The transaction is seen as a testament to PK's track record in aviation finance and its comprehensive servicing capabilities [2]
Mammoth North Solar Project Celebrates Upcoming Commercial Operations
GlobeNewswire News Room· 2024-07-09 19:00
KNOX, Ind., July 09, 2024 (GLOBE NEWSWIRE) -- Doral Renewables celebrated today, July 9th, the upcoming beginning of commercial operations of its Mammoth North Solar project, a major segment of the Mammoth Solar project. The company was joined by Indiana’s Secretary of Commerce David Rosenberg, landowners, representatives from SOLV Energy, Nextracker, the Solar Energy Industries Association (SEIA), the American Clean Power Association (ACP), and other industry leaders and project stakeholders. The 400 MW Ma ...
Mammoth North Solar Project Celebrates Upcoming Commercial Operations
Newsfilter· 2024-07-09 19:00
Core Insights - Doral Renewables is set to commence commercial operations of its Mammoth North Solar project, which will be the largest solar installation in Indiana, providing sustainable energy to 75,000 households annually [1] - The Mammoth North Solar project is part of a larger 1.3 GW Mammoth Solar complex, emphasizing the company's commitment to renewable energy development [1] - The project has significant social and economic impacts on the local community, benefiting various industries and businesses [2] Company Overview - Doral Renewables is a Philadelphia-based renewable energy developer with a solar and storage development portfolio exceeding 13 GW, including 1.3 GW under construction [4] - The company operates in 18 states and across ten electricity markets, showcasing its extensive reach in the renewable energy sector [4] - Doral Renewables has secured over $2.5 billion in long-term wholesale power purchase agreements with U.S. customers, indicating strong financial backing and market presence [5] Project Details - The Mammoth North Solar project utilizes agrivoltaics, with over 1,500 sheep for vegetation management, demonstrating a dual-use approach that benefits local agriculture [3] - The project is designed to supply clean, renewable power to the grid while relying on American labor and materials for its construction [3] - Local partnerships have created job training and learning opportunities for area workers and students, contributing to long-term economic benefits for the community [3] Industry Impact - Indiana is positioning itself as a leader in clean energy development, with the Mammoth Solar project contributing to job creation and showcasing local innovation [3] - The collaboration between Doral Renewables and local stakeholders illustrates a model for addressing global energy challenges through sustainable practices [3] - The project is expected to generate millions of dollars in tax and economic payments for the county, enhancing local services and supporting landowners [3]
Apollo to Announce Second Quarter 2024 Financial Results on August 1, 2024
Newsfilter· 2024-06-28 13:00
NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) plans to release financial results for the second quarter 2024 on Thursday, August 1, 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 in ...