Company: APO
Filing Date: 2025-08-08
Form Type: 424B5
Source: 0001193125-25-177032
Chunk: 44

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-08
Form: 424B5
Chunk 44
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 default in the fulfillment of any such obligation, specifying each such default.

Defeasance and Covenant Defeasance

Except as prohibited by the indenture, if the Issuer deposits with the Trustee sufficient money or United States government obligations (in the
case of United States government obligations or a combination of money and United States government obligations, in an amount deemed sufficient in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public
accountants), or both, to pay the principal of, premium, if any, and interest on, the notes on the scheduled due dates therefor, then at the Issuer’s option the Issuer may be discharged from certain of its obligations with respect to the notes
or elect that its failure to comply with certain restrictive covenants, including those described in “—Offer to Repurchase Upon a

S-31

Change of Control Repurchase Event,” “—Consolidation, Merger, Sale of Assets and Other Transactions,” “—Limitations on Liens” and the requirement to add Additional Guarantors as described in “—Guarantees” will not be deemed to be or result in an Event of Default under the notes. Modification and Waiver The Issuer, the Guarantors and the Trustee may modify the indenture and the notes in a manner that affects the interests or rights of the holders of notes with the consent of the holders of at least a majority in aggregate principal amount of the notes at the time outstanding. However, the indenture will require the consent of each holder of notes affected by any modification which would:

| • |     | change the fixed maturity of, or any installment of principal or interest on, the notes; |

| • |     | reduce the principal amount of the notes payable at or upon acceleration of the maturity thereof, or reduce the 
 rate or extend the time of payment of interest thereon;                                                         |

| • |     | reduce the price at which the notes must be repurchased in connection with a Change of Control Repurchase Event; |

| • |     | reduce any premium payable upon the redemption or change the date on which the notes must be redeemed; |

| • |     | change the currency in which the notes or any premium or interest is payable; |

| • |     | impair the contractual right of any holder to bring suit for the payment of principal, premium, if any, and 
 interest on its notes, on or after the respective due dates expressed or provided for in such