Apollo Investment Corp. (AINV) said Tuesday that it plans to make a public offering of 18.0 million shares of its common stock.
The company also plans to grant the underwriters an option to purchase up to an additional 2.7 million shares of common stock.
Apollo Investment said it expects to use the net proceeds of the offering to repay certain outstanding indebtedness under its credit facility.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.