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-0.000254328855309601 0.00095413818966455 -0.0019617340368146 -0.00309568434711189 -0.0121672868294911 -0.00973739330742531 -0.0069835139824173 -0.00212372693828562
Stock impact report

A Look At Apollo Global Management's Valuation After The Realty Income Joint Venture And New UK Credit Fund [Yahoo! Finance]

Realty Income Corporation (O) 
Last realty income corporation earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: realtyincome.com/investors/default.aspx
Company Research Source: Yahoo! Finance
How the Realty Income joint venture reshapes Apollo's private capital profile The new joint venture with Realty Income centers on approximately 500 US single tenant retail properties on long term net leases, giving Apollo funds exposure to contractual rental cash flows backed by Realty Income's asset management platform. Apollo Global Management (APO) is committing US$1.0b for a 49% interest in the vehicle. Realty Income retains operational control and a call option from year 7 to year 15, with Apollo's return capped at a 6.875% IRR. For you as a shareholder or potential investor, this arrangement highlights Apollo's role as a capital provider alongside an established net lease operator. The structure targets a defined return profile over a multi year horizon. See our latest analysis for Apollo Global Management. Against the backdrop of the Realty Income joint venture and the new UK diversified credit fund, Apollo's recent market profile has been mixed. The 7 day share pric Show less Read more
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