Company: APO
Filing Date: 2025-08-07
Form Type: 424B5
Source: 0001193125-25-175021
Chunk: 24

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 424B5
Chunk 24
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DESCRIPTION OF THE NOTES

Set forth below is a description of the material terms of the % Senior Notes due 2035 (the “notes”). This description does not purport to be complete and is subject to, and is qualified in its entirety by reference to, the Trust Indenture Act of 1939, as amended (the “TIA”), and to all of the provisions of the indenture (as defined below) governing the notes and those terms made a part of the indenture by reference to the TIA. In addition to reading this description of the notes, you should also read the indenture under which the notes are to be issued because it, and not this description, will define your rights as a holder of the notes. A copy of the indenture will be available from the Issuer (as defined below) upon request.

General

The notes will
be issued by Apollo Global Management, Inc. (the “Issuer” and, together with the Guarantors (as defined below), the “Credit Parties”). The notes will be fully and unconditionally guaranteed on a joint and several basis by Apollo
Asset Management, Inc., Apollo Principal Holdings A, L.P., Apollo Principal Holdings B, L.P., Apollo Principal Holdings C, L.P., AMH Holdings (Delaware), L.P. and Apollo Management Holdings, L.P. (collectively, the “Initial Guarantors”).
Other than the Initial Guarantors, the other subsidiaries of the Issuer (including Athene Holding Ltd.) will not be required to guarantee or have any obligation in respect of the notes, other than as set forth in “—Guarantees” below.

The notes will be issued under an indenture (the “indenture”), to be entered into by and among the Issuer, the Initial
Guarantors and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”).

The
notes will be issued in an initial aggregate principal amount of $ in fully registered form only, in denominations of $2,000 and integral multiples of $1,000 in excess thereof. The notes will mature on ,
2035, unless the Issuer redeems or repurchases the notes prior to that date, as described below under “—Optional Redemption of the Notes,” and “—Offer to Repurchase Upon a Change of Control Repurchase Event.”

The terms of the notes are stated in the indenture. The indenture does not limit the amount