Simpson Thacher recently represented the underwriters in connection with Apollo Global Management, Inc.’s registered public offerings of $1.4 billion (28,750,000 shares) of 6.75% Series A Mandatory Convertible Preferred Stock and $600 million aggregate principal amount of 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053. Simpson Thacher has represented the underwriters and initial purchasers in connection with over $4.6 billion of debt or equity issued by Apollo and its subsidiaries since 2014.~~Apollo intends to use the net proceeds from the offering of Mandatory Convertible Preferred Stock to accelerate its Retirement Services growth, helping Athene capitalize on attractive opportunities available in the current market environment. Apollo intends to use the proceeds from the Subordinated Notes offering, together with cash on hand, to redeem in full Apollo Asset Management, Inc.’s outstanding shares of 6.375% Series A Preferred Stock and 6.375% Series B Preferred Stock, with an aggregate liquidation value of $575 million, and pay related fees and expenses.~~Founded in 1990, Apollo is a high-growth, global alternative asset manager and a retirement services provider. As of June 30, 2023, Apollo had approximately $617 billion of assets under management.~~The Simpson Thacher teams for the transactions included Joshua Bonnie, Roxane Reardon, Katharine Thompson, Lia Toback, Patrick McCamy, Aarthy Thamodaran, Evan Hunt, Brice Stewart and Thomas Lopez (Capital Markets); Andrew Purcell and Daisy Dai (Tax); Lori Lesser and Alysha Sekhon (Intellectual Property); Steven DeLott (Insurance); Andrew Pagliughi and Jennie Getsin (Blue Sky); Pasco Struhs (ECEB).