Seeking Alpha

Apollo Investment -5.9% amid secondary and index changes

  • Offered are 12M shares with underwriter greenshoe of 1.8M shares. The current float is 239M shares. Net proceeds are expected to be used to repay Apollo's credit line.
  • Earlier: AINV removed from S&P MidCap 400
  • AINV -5.8% premarket
  • Press release
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