Apollo (NYSE: APO) has announced the close of an agreement for Apollo affiliated insurance companies, third-party insurance managed accounts, and other institutional clients to invest US$500 million into surplus notes issued by Chesterfield Reinsurance Company, a wholly owned indirect subsidiary of Reinsurance Group of America, Incorporated.
Latham & Watkins LLP represented Apollo Global Securities, LLC and Apollo Management Holdings, L.P. in the transaction with a New York corporate team led by partners Gary Boss and Analisa Dillingham and counsel Dean Agnos
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