AINV - AINV STOCK NEWS

Bird Rides announced an upsizing of its vehicle financing credit facility from $40 million to $150 million, facilitated by Apollo Investment Corporation and MidCap Financial Trust. This increase aims to bolster Bird's financial capabilities, supporting its expansion plans as it prepares for a business combination with Switchback II Corporation, set for a shareholder vote on November 2, 2021. Bird's CFO highlighted the strong demand for its electric vehicle offerings, having completed over 100 million rides, showcasing confidence in the company’s future growth and sustainability strategy.

Apollo Investment Corporation (NASDAQ: AINV) will report its financial results for the quarter ending September 30, 2021, post-market on November 4, 2021. A conference call is scheduled for the same day at 5:00 p.m. ET, with participation details provided for interested parties. The company, a closed-end investment firm focused on private middle-market companies, seeks to offer financing solutions, operating as a business development company under the Investment Company Act of 1940. For more details, visit www.apolloic.com.

Apollo Investment Corporation (NASDAQ: AINV) reported net investment income per share of $0.39 for Q1 2022, consistent with the previous quarter. The net asset value (NAV) rose 0.9% to $16.02 per share, driven by gains in its corporate lending portfolio. New investment commitments reached $332 million, while gross fundings amounted to $295 million. The company repurchased 145,572 shares at an average price of $13.92. The board declared a $0.31 distribution per share, plus a $0.05 supplemental distribution, both payable on October 8, 2021.

Apollo Investment Corporation (NASDAQ: AINV) has announced a public offering of $125 million in 4.500% notes due 2026. The notes, with a maturity date of July 16, 2026, will pay semi-annual interest, starting January 16, 2022. Proceeds will be used to repay existing debt under its senior secured revolving credit facility and may be reborrowed for general corporate purposes, including investments in portfolio companies. The offering is expected to close on July 16, 2021, pending customary conditions.

Apollo Investment Corporation (NASDAQ: AINV) announced plans to report its quarterly results for the period ending June 30, 2021, on August 5, 2021, after market close. A conference call will follow at 5:00 p.m. ET, with participation details provided for both U.S. and international callers. The company focuses on providing financing solutions to private middle-market companies through various debt and equity investments. Investors can access the conference call via telephonic and audio webcast options, with details available on the company’s website.

Apollo Investment Corporation (NASDAQ: AINV) reported its financial results for the fourth fiscal quarter ending March 31, 2021, with net investment income per share at $0.39, down from $0.43 in the previous quarter. The net asset value (NAV) increased by 1.9% to $15.88 per share. During the quarter, new investment commitments reached $106 million, while gross fundings totaled $216 million. The Board declared a distribution of $0.31 per share and a supplemental $0.05 per share, both payable on July 7, 2021. The Company reported $358 million in liquidity as of March 31, 2021.

Apollo Investment Corporation (NASDAQ: AINV) will announce its quarterly and fiscal year results on May 20, 2021, after market close. This announcement will include the financial outcomes for the period ending March 31, 2021. A conference call is scheduled for the same day at 5:00 p.m. ET, open to all interested parties. Callers can join by dialing the provided numbers or via a webcast on the company’s website. Apollo Investment Corporation operates as a business development company, focusing on debt investments in middle-market private companies.

Apollo Investment Corporation (NASDAQ: AINV) announced that Tanner Powell, President and Chief Investment Officer, will participate in a virtual panel at the 2021 RBC Capital Markets Financial Institutions Conference on March 9, 2021, at 4:00 PM ET. A live webcast will be available on the company’s website, with a replay accessible shortly after the event.

Apollo Investment Corporation focuses on debt investments in middle-market companies, providing private financing solutions. The company is managed by Apollo Investment Management, part of Apollo Global Management.

Apollo Investment Corporation (AINV) reported a net investment income of $0.43 per share for Q3 FY2020, consistent with the previous quarter. The net asset value rose to $15.59 per share, up 1.0% from $15.44. During the quarter, new investment commitments reached $108 million, while gross exits totaled $287 million. The net leverage ratio improved to 1.43x from 1.56x. The company declared a distribution of $0.31 and a supplemental $0.05 per share, both payable on April 5, 2021. With $330 million in liquidity, Apollo continues to focus on new investments after extending its revolving credit facility to 2025.