Company: APO
Filing Date: 2025-09-02
Form Type: 424B7
Source: 0000950142-25-002341
Chunk: 50

Company: Apollo Global Management, Inc.
Filing Date: 2025-09-02
Form: 424B7
Chunk 50
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 defaults under the applicable indenture;

(3) modify any of the provisions of the applicable
indenture related to (i) the requirement that the holders of debt securities issued under such indenture consent to certain amendments
of the applicable indenture, (ii) the waiver of past defaults and (iii) the waiver of certain covenants, except to increase
the percentage of holders required to make such amendments or grant such waivers;

(4) impair or adversely affect the contractual
right of any holder to institute suit for the enforcement of any payment on, or with respect to, such senior debt securities on or after
the maturity of such debt securities; or

(5) amend or modify the terms of any guarantees
in a manner adverse to the holders.

In addition, the subordinated indenture provides
that we may not make any change in the terms of the subordination of the subordinated debt securities of any series in a manner adverse
in any material respect to the holders of any series of subordinated debt securities without the consent of each holder of subordinated
debt securities that would be adversely affected.

Pursuant to the subordinated indenture, the
subordinated indenture may not be amended, at any time, to alter the subordination provisions of any outstanding subordinated debt securities
without the consent of the requisite holders of each outstanding series or class of Senior Indebtedness (as determined in accordance with
the instrument governing such Senior Indebtedness) that would be adversely affected.

The Trustee

The Trustee named under each indenture and its
affiliates may also provide banking, trustee and other services for, and transact other banking business with, us in the normal course
of business.

Governing Law

The indentures will be governed by, and construed
in accordance with, the laws of the State of New York.

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Global Securities

We may issue debt securities through global
securities. A global security is a security, typically held by a depositary, that represents the beneficial interests of a number of purchasers
of the security. If we do issue global securities, the following procedures will apply.

We will deposit global securities with the
depositary identified in the applicable prospectus supplement. After we issue a global security, the depositary will credit on its book-entry
registration and transfer system the respective principal amounts of the debt securities represented by the global security to the accounts
of persons who have accounts with the depositary. These account holders