Apollo Will Make A Special Cash Payment Of $0.25 Per Share To Each ATF Or AIF Shareholder Of Record As Of The Closing Date Of The Applicable Transaction
Portfolio Pulse from Benzinga Newsdesk
Apollo Global Management (APO) has announced a special cash payment of $0.25 per share to each Apollo Senior Floating Rate Fund (AFT) and Apollo Tactical Income Fund (AIF) shareholder of record as of the closing date of the applicable transaction.
November 07, 2023 | 8:13 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Apollo's special cash payment could potentially impact its cash reserves and overall financial health.
The special cash payment will reduce Apollo's cash reserves, which could impact its financial health. However, the exact impact will depend on the total number of shares and the company's overall financial situation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Shareholders of AFT will receive a special cash payment, which could make the fund more attractive to investors.
The special cash payment will increase the return for AFT shareholders, which could make the fund more attractive to investors and potentially increase the fund's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shareholders of AIF will receive a special cash payment, which could make the fund more attractive to investors.
The special cash payment will increase the return for AIF shareholders, which could make the fund more attractive to investors and potentially increase the fund's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100