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Apollo Global Management to Invest $500 Million in Aldar Properties-Issued Subordinated Notes
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Apollo Global Management to Invest $500 Million in Aldar Properties-Issued Subordinated Notes
Jan 31, 2025 6:09 AM

08:42 AM EST, 01/31/2025 (MT Newswires) -- Apollo Global Management ( APO ) said Friday it will invest $500 million in subordinated notes issued by Aldar Properties.

The agreement for Apollo-managed affiliates, funds and clients to make the investment brings the total Apollo-led investment in Aldar to about $1.90 billion since 2022, Apollo said.

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