Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 294

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 294
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 incentives from the Inflation Reduction Act of 2022 while accelerating the phase-out of others. Certain provisions are effective starting in 2025, while others are not effective until 2026. The Company is currently evaluating the impact that the OBBBA will have on its consolidated financial statements.

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

11. DebtCompany debt consisted of the following:June 30, 2025December 31, 2024(In millions, except percentages)Maturity DateOutstanding BalanceFair ValueOutstanding BalanceFair ValueAsset Management4.40% 2026 Senior Notes1,2May 27, 2026$499 $499 3$499 $496 34.87% 2029 Senior Notes1,2February 15, 2029675 680 3675 670 32.65% 2030 Senior Notes1,2June 5, 2030497 457 3497 439 36.38% 2033 Senior Notes1,2November 15, 2033493 547 3492 542 35.00% 2048 Senior Notes1,2March 15, 2048297 269 3297 271 35.80% 2054 Senior Notes1,2May 21, 2054741 741 3741 753 37.63% 2053 Subordinated Notes1,2September 15, 2053585 627 4584 642 46.00% 2054 Subordinated Notes1,2December 15, 2054493 488 3494 494 34,280 4,308 4,279 4,307 Retirement Services4.13% 2028 AHL Senior Notes1January 12, 20281,042 991 31,050 976 36.15% 2030 AHL Senior Notes1April 3, 2030572 531 3579 519 33.50% 2031 AHL Senior Notes1January 15, 2031518 471 3520 452 36.65% 2033 AHL Senior Notes1February 1, 2033396 433 3395 425 35.88% 2034 AHL Senior Notes1January 15, 203