Apollo Global Management Investor Day Presentation Deck
Attractive Pro-Forma Balance Sheet
PLAN TO CONTINUE TO OPERATE AS TWO DISTINCT CREDIT GROUPS
HoldCo / Asset Manager Apollo Stand-Alone
Balance Sheet Highlights
$1.8B
cash & cash equivalents
Fitch A/Stable
S&P
A- / Positive
11.4 years
average debt maturity
3.5%
after-tax cost of debt¹
$3.2B
total debt
Retirement Services Stand-Alone
Balance Sheet Highlights²
Note: Data as of June 30, 2021. 1. At assumed 18% tax rate. 2. Ratings represent Athene OpCo credit ratings. 3. Includes excess capital and untapped debt capacity.
APOLLO INVESTOR DAY 2021
$6.8B
excess capital and
debt capacity³
S&P
AM Best
Fitch
13.5%
adjusted debt
to capital ratio
A+ / Stable
A / Stable
A / Positive
Pro-forma post merger share count currently estimated at approximately 600 million sharesView entire presentation