Company: APO
Filing Date: 2025-11-06
Form Type: 424B5
Source: 0001193125-25-269713
Chunk: 21

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-06
Form: 424B5
Chunk 21
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 any such event, because the notes are unsecured, it is possible that there would be no assets remaining from which your claims could be
satisfied or, if any assets remained, they might be insufficient to fully satisfy your claims.

The Issuer may not be able to repurchase the notes upon a Change of Control Repurchase Event.

Upon the occurrence of a Change of Control Repurchase Event (as
defined in “Description of the Notes— Offer to Repurchase Upon a Change of Control Repurchase Event”), each holder of the notes of a series will have the right to require the Issuer (or each of the Guarantors) to repurchase all or
any part of such holder’s notes at a repurchase price equal to 101% of their principal amount, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase. If we experience a Change of Control Repurchase Event, we
cannot assure you that the Issuer (or the Guarantors) would have sufficient financial resources available to satisfy its obligations to repurchase the notes. The Issuer’s (or the Guarantors’) failure to repurchase the notes of a series
as required under the indenture governing such series of notes would result in a default under the applicable indenture, which could result in defaults under the senior credit facilities and other indebtedness of the Issuer or Guarantors, including
the acceleration of the payment of any borrowings thereunder and have material adverse consequences for the holders of the notes of the applicable series. In addition, the change of control provisions in the applicable indenture may not protect you
from certain important corporate events, such as a leveraged recapitalization (which would increase the level of our indebtedness), reorganization, restructuring, merger or other similar transaction. Such a transaction may not involve a change in
voting power or beneficial ownership or, even if it does, may not involve a change that constitutes a “Change of Control” as defined in the applicable indenture that would trigger our obligation to repurchase the notes of the applicable
series. If an event occurs that does not constitute a “Change of Control” as defined in the applicable indenture, we will not be required to make an offer to repurchase the notes of the applicable series and you may be required to
continue to hold your notes of such

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series despite the event. In addition, for a Change of Control Repurchase Event to occur there must be not only a “