Business: Apollo Global Management, Inc. 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 redeemable at the issuer's option in a period three month prior and including 12/15/2028 and every three month period prior to December 15th in every fifth year thereafter at $25 note plus accrued and unpaid interest, and maturing 09/15/2053. <p> Interest distributions ofdistributions of the Annual Fixed Interest Rate will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that is 15 days prior to the prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The Annual Fixed Interest Rate will be 7.625% until the first redemption date, then it will be equal to the sum of the Five-Year U.S. Treasury Rate on the applicable fixed rate calculation date plus 3.226%, resetting every 5 years thereafter on applicable fixed rate calculation date (see prospectus for more details). <p> Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders <p> The issuer may elect to defer the interest payable on the Notes on one or more occasions for up to 60 consecutive months (see prospectus for further information). <p> This security is possibly subject to a call outisde the call windows at $25.00 (100%) of their principal amount plus accrued and unpaid interest within 90 days of a tax event outside the call window at $25.50 (102%) of their principal amount plus accrued and unpaid interest within 90 days of the occurrence of a rating agency event (see prospectus for further information). <p> This security was rated as A3 by Moody’s and BBB by S&P at the date of its IPO. This security was rated as BBB+ by Fitch Ratings Co. at the date of its IPO. The Notes are unsecured, junior subordinated obligations of the company and are unsecured, subordinated obligations of the company and will rank junior to the company's senior debt, junior to unsecured, subordinated indebtedness of the company and will rank equally with all existing and future unsecured, junior subordinated of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.