Apollo Global Management stock: debt offering funds Mubadala investment

Published on 11/14/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Apollo Global Management stock enters the weekend as the firm advances a financing plan linked partly to Mubadala Capital. A conference appearance is next.

Financing and investor calendar

Apollo priced a junior subordinated notes offering to support general corporate purposes and its Mubadala Capital investment.
Chief Financial Officer Martin Kelly is scheduled to participate in a TD Cowen conference on November 18.

Apollo Global Management, US03769M1062, Illustration mit AI erstellt.

Apollo Global Management stock traded at 111.30 euros on Lang & Schwarz at 10:36 CET on Saturday, November 14. The firm’s latest financing announcement and a scheduled investor conference shaped the week for shareholders.

Debt offering targets strategic investment

On November 9, Apollo Global Management said it had priced 600 million US dollars of 7.550% fixed-rate resettable junior subordinated notes due 2056. The company said the offering was expected to close on November 13, subject to customary conditions.

According to Apollo's investor-relations release, net proceeds were expected to be approximately 594 million US dollars after the underwriting discount and before offering expenses. Apollo plans to use the proceeds for general corporate purposes, including its previously announced investment in Mubadala Capital Asset Management.

The notes carry a fixed 7.550% interest rate until December 15, 2036. After that date, the rate is set to reset against the five-year US Treasury rate plus a spread of 2.672%. Interest payments are scheduled twice a year from June 15, 2027, subject to Apollo's right to defer payments.

Investor calendar moves into focus

On November 10, Apollo announced that Chief Financial Officer Martin Kelly would participate in a fireside chat at the TD Cowen 2026 Financials & Fintech Conference on November 18 at 8:45 a.m. Eastern Time. The appearance gives investors a near-term opportunity to hear from management on the firm's strategy and financial outlook.