Your email has been successfully added to our mailing list.

×
0 0 0 0.0144921655117881 0.0144921655117881 0.0202892636004269 0.0144921655117881 0.0128689780469692
Stock impact report

Billionaires' Private Capital Giant Loans $778 Million To London's Canary Wharf [Forbes]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Forbes
© 2024 Bloomberg Finance LP Apollo Global Management has agreed to loan £610 million ($778 million) to Canary Wharf to pay off its bonds, as the New York-based investment group seeks to double its assets under management to $1.5 trillion in the next five years. Apollo's loan was secured against the majority of Canary Wharf's 1.2. million square feet retail portfolio, which is 97% occupied, the landlord said on Tuesday. The funds will allow Canary Wharf to repay bonds that mature in April 2025 and 2026. Canary Wharf has managed to secure more than £2 billion in refinancing over the past year, leaving the company with no major debts due before 2028. "We have achieved a significant amount of financing over the last 12 months and this latest deal with Apollo is testament to the strength of the proposition and our performance at Canary Wharf," Becky Worthington, chief financial officer at Canary Wharf, said in a statement Canary Wharf's retail properties were valued at £1.16 bil Show less Read more
Impact Snapshot
Event Time:
APO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for APO alerts
Opt-in for
APO alerts

from News Quantified
Opt-in for
APO alerts

from News Quantified