Apollo Global Management Investor Day Presentation Deck slide image

Apollo Global Management Investor Day Presentation Deck

Manufacturing Spread in a Low Spread World Investment Grade Investment Universe: Current on the Margin Spreads (bps) ~100-125 1 INVESTMENT ¹ GRADE ~200 HIGH YIELD¹ ~500 APOLLO DIRECT ORIGINATION PLATFORMS LEVERAGED LOANS midcap FINANCIAL ~ 380 PNC FRANCHISE FINANCE ~300-450 1. Illustrative spreads based on market prices observed for BBB corporates (IG) and BB corporates (HY), as of September 2021. 2. Acquisition of Foundation is signed but not yet closed. APOLLO INVESTOR DAY 2021 PK AIRFINANCE ~400-500 DONLEN Apollo direct origination platforms systematically originate IG assets at ~100-200bps higher spreads than broadly syndicated markets ~360 2 FOUNDATION ² 102
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