Company: APO
Filing Date: 2025-08-07
Form Type: 424B5
Source: 0001193125-25-175021
Chunk: 27

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 424B5
Chunk 27
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 by law, regulation or executive order to close in the place where the principal of and premium, if any, and interest on, or any redemption or repurchase price of, the notes are payable.

Guarantees

The
obligations of the Issuer pursuant to the notes, including any repurchase obligation resulting from a Change of Control Repurchase Event, will be fully and unconditionally guaranteed (the “Note Guarantees”), jointly and severally, on a
senior basis, by each of the Initial Guarantors and any Additional Guarantors as defined below (Additional Guarantors, if any, together with the Initial Guarantors, the “Guarantors”).

Any New Apollo Operating Group Entity (as defined below) (other than a Non-Guarantor Entity (as
defined below)) must provide a Note Guarantee, whereupon such New Apollo Operating Group Entity shall be an “Additional Guarantor.” Athene Holding Ltd. and its direct and indirect subsidiaries will not be required to guarantee the notes.

Other than the Initial Guarantors, the other subsidiaries of the Issuer (including Athene Holding Ltd.) will not guarantee or have any
obligation in respect of the notes at the time of issuance. The Issuer and the Initial

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Guarantors are holding companies that hold equity interests in operating entities. The Issuer and the Initial Guarantors depend upon funds from their respective subsidiaries to meet their obligations in respect of the notes or the Note Guarantees, as applicable. Accordingly, the credit character of the notes is that of debt issued by a holding company. Each Note Guarantee will be a general unsecured obligation of the relevant Guarantor and will be limited to the maximum amount that would not render the Guarantor’s obligations subject to avoidance under applicable fraudulent conveyance provisions of the United States Bankruptcy Code or any comparable provision of state law. By virtue of this limitation, a Guarantor’s obligation under its Note Guarantee could be significantly less than amounts payable with respect to the notes or a Guarantor may have effectively no obligation under its Note Guarantee. The Note Guarantee of a Guarantor will terminate:

| • |     | if such Guarantor is sold or disposed of (whether by merger, consolidation or the sale of all or substantially                                                                                                                               
 all of its assets) to an entity that is not required to become a Guarantor, if such sale or disposition is otherwise in compliance with the indenture, including the covenant described in “—Consolidation