December 18, 2014 9:42 AM ET

Capital Markets

Company Overview of Apollo Investment Corporation

Company Overview

Apollo Investment Corporation is business development company and operates as a closed-end management investment company. The company invests in middle market companies. It provides direct equity capital, mezzanine and senior secured loans, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The company may also invest in public companies that are thinly traded and may acquire investments in the secondary market. It prefers to invest in warrants, makes equity co-investments, and may also invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or ...

9 West 57th Street

43rd Floor

New York, NY 10019

United States

Founded in 2004

Phone:

212-515-3200

Key Executives for Apollo Investment Corporation

Chief Executive Officer and Director
Age: 52
President and Chief Investment Officer
Age: 37
Executive Chairman
Age: 61
Chief Financial Officer
Age: 57
Chief Legal Officer
Age: 41
Compensation as of Fiscal Year 2014.

Apollo Investment Corporation Key Developments

Apollo Investment Issues $150 Million Note in Private Placement

Apollo Investment Corp. on Oct. 30 issued in a private placement a 10-year $150 million unsecured note carrying a 5.25% coupon to a financial institution.

Apollo Investment Corporation Announces Unaudited Financial Results for the Second Quarter and Six Months Ended September 30, 2014

Apollo Investment Corporation announced unaudited financial results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total investment income of $118,910,000 against $93,708,000 a year ago. Net investment income was $65,688,000 or $0.28 per share against $49,586,000 or $0.50 per share a year ago. Net realized gain was $11,594,000 against net realized loss of $17,273,000 a year ago. Net increase in net assets resulting from operations was $41,967,000 or $0.18 per diluted share against $76,425,000 or $0.33 per diluted share a year ago. Net asset value per share at the end of the quarter was $8.72 compared to $8.74 at June 30, 2014 For the six months, the company reported total investment income of $221,490,000 against $190,380,000 a year ago. Net investment income was $119,240,000 against $101,953,000 a year ago. Net realized loss was $1,739,000 against $113,208,000 a year ago. Net increase in net assets resulting from operations was $106,603,000 or $0.44 per diluted share against $95,229,000 or $0.43 per diluted share a year ago. Net asset value per share at the end of the quarter was $8.30, compared to $8.16 at June 30, 2013.

Apollo Investment Corporation Declares Dividend for the Second Fiscal Quarter of 2015, Payable on January 5, 2015

The Board of Directors of Apollo Investment Corporation has declared a dividend of $0.20 per share for the second fiscal quarter of 2015, payable on January 5, 2015 to stockholders of record as of December 19, 2014.

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Merger/Acquisition
November 13, 2014
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October 29, 2014
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