Apollo Asset Management is a subsidiary of Apollo Global Management. When, as, and if declared by AGM Management, LLC, our manager, distributions on the Series A Preferred Shares will be payable quarterly on March 15, June 15, September 15 and December 15 of each year, beginning June 15, 2017, at a rate per annum equal to 6.375%. Distributions on the shares are non-cumulative. At any time or from time to time on or after March 15, 2022, we may, at our option, redeem the Series A Preferred Shares, in whole or in part, at a price of $25.00 per Series A Preferred Share plus declared and unpaid distributions, if any. This security was issued by Apollo Global Management LLC, whose common stock symbol is APO.
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