Apollo Commercial Real Estate (ARI) 16.66 $ARI
Post# of 273257
Posted On: 09/05/2016 9:07:19 AM
Apollo Commercial Real Estate (ARI) 16.66 $ARI
Apollo Residential Mortgage, Inc. Receives Stockholder Approval to Be Acquired by Apollo Commercial Real Estate Finance, Inc. and Announces Closing Date for Completion of the Acquisition
BusinessWire - Wed Aug 24, 8:26AM CDT
Apollo Commercial Real Estate Finance, Inc. ("ARI"
(NYSE:ARI) and Apollo Residential Mortgage, Inc. ("AMTG" (NYSE:AMTG) today announced the common stockholders of AMTG approved the proposed acquisition of AMTG by ARI at a special meeting of AMTG stockholders.
APO: 18.90 (+0.14), ARI: 16.66 (+0.18), AMTG: 13.64 (+0.01)
Diversified REIT Stocks Technical Report -- American Tower, STORE Capital, Empire State Realty Trust, and Apollo Commercial Real Estate Finance
PR Newswire - Mon Aug 01, 7:10AM CDT
Despite starting the year on shaky ground, the REITs space continues to perform moderately well. Given that a rate hike would not push through this year, income-minded investors can expect a steady flow of income from several companies. Today, Stock-Callers.com has issued research reports on the following Diversified REITs: American Tower Corp. (NYSE: AMT), STORE Capital Corp. (NYSE: STOR), Empire State Realty Trust Inc. (NYSE: ESRT), and Apollo Commercial Real Estate Finance Inc. (NYSE: ARI). Today's reports on the aforementioned stocks are downloadable for free upon registration at:
STOR: 29.64 (+0.19), ESRT: 21.84 (+0.20), AMT: 115.09 (+1.27), ARI: 16.66 (+0.18)
Apollo Commercial (ARI) Closes $95.5M Deals & Ups Facility
Zacks Equity Research - Zacks Investment Research - Tue May 31, 6:57AM CDT
Apollo Commercial Real Estate Finance, Inc. (ARI) has closed two loan transactions worth $95.5 million.
EARN: 14.01 (+0.44), TWO: 9.05 (+0.18), ARI: 16.66 (+0.18), CMO: 10.05 (+0.16)
Apollo Commercial Real Estate Finance, Inc. Completes $95.5 Million of New Transactions and Upsizes Credit Facility
BusinessWire - Thu May 26, 7:30AM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI), today announced the Company closed two commercial real estate loan transactions totaling $95.5 million, bringing year to date transaction volume to $423.5 million of committed capital. In addition, ARI amended the Company's master repurchase agreement with JPMorgan Chase Bank, N.A., ("JPMorgan Facility" increasing the borrowing capacity to $800 million from $600 million.
ARI: 16.66 (+0.18)
Apollo Commercial Real Estate Finance, Inc. Announces the Appointment of Jai Agarwal to Chief Financial Officer
BusinessWire - Mon May 23, 7:30AM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI), today announced the Board of Directors appointed Jai Agarwal to the positions of Chief Financial Officer, Secretary and Treasurer of the Company, effective June 1, 2016. Mr. Agarwal will replace Megan Gaul, who informed the Board of Directors of her resignation from these positions in January 2016.
ARI: 16.66 (+0.18)
Apollo Commercial Real Estate Finance, Inc. to Present at Keefe, Bruyette & Woods Mortgage Finance Conference
BusinessWire - Thu May 19, 4:00PM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI) today announced Stuart Rothstein, the Company's Chief Executive Officer, is scheduled to present at the Keefe, Bruyette & Woods Mortgage Finance Conference on June 1, 2016 at the Westin Grand Central Hotel in New York, New York. The ARI presentation is scheduled to begin at 8:40am ET.
ARI: 16.66 (+0.18)
Apollo Residential Mortgage, Inc. Reports First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:30PM CDT
Apollo Residential Mortgage, Inc. (the "Company" (NYSE:AMTG) today reported financial results for the quarter ended March 31, 2016.
APO: 18.90 (+0.14), ARI: 16.66 (+0.18), AMTG: 13.64 (+0.01)
Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2016 Financial Results
BusinessWire - Tue Apr 26, 3:30PM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI) today reported financial results for the quarter ended March 31, 2016.
ARI: 16.66 (+0.18), AMTG: 13.64 (+0.01)
Apollo Commercial Real Estate Finance, Inc. Announces Dates for First Quarter 2016 Earnings Release and Conference Call
BusinessWire - Wed Apr 06, 3:15PM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI), today announced the Company will hold a conference call to review its first quarter 2016 financial results on Wednesday, April 27, 2016 at 10:00 a.m. Eastern Time. The Company's first quarter 2016 financial results will be released after the market closes on Tuesday, April 26, 2016. During the conference call, Company officers will review first quarter 2016 performance, discuss recent events and conduct a question-and-answer period.
ARI: 16.66 (+0.18)
Ex-Dividend Reminder: Apollo Commercial Real Estate Finance, Acadia Realty Trust and Fulton Financial
DividendChannel.com - Mon Mar 28, 9:57AM CDT
Looking at the universe of stocks we cover at Dividend Channel, on 3/29/16, Apollo Commercial Real Estate Finance Inc. , Acadia Realty Trust , and Fulton Financial Corp.
ARI: 16.66 (+0.18)
American Capital's Q4 Earnings Miss Estimate, Up Y/Y
Zacks Equity Research - Zacks Investment Research - Tue Feb 02, 10:40AM CST
American Capital Agency Corp. (AGNC) reported fourth-quarter 2015 net spread and dollar roll income of 54 cents per share, missing the Zacks Consensus Estimate of 57 cents.
ACAS: 17.05 (+0.13), ARI: 16.66 (+0.18), AGNC: 19.57 (+0.36), BXMT: 30.02 (+0.32)
Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter and Full Year 2015 Earnings Release and Conference Call
BusinessWire - Mon Feb 01, 3:15PM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI), today announced the Company will hold a conference call to review its fourth quarter and full year 2015 financial results on Wednesday, February 10, 2016 at 10:00 a.m. Eastern Time. The Company's fourth quarter and full year 2015 financial results will be released after the market closes on Tuesday, February 9, 2016. During the conference call, Company officers will review fourth quarter and full year 2015 performance, discuss recent events and conduct a question-and-answer period.
ARI: 16.66 (+0.18)
Beat Volatility: 3 High-Yielding Dividend Stocks with Low Betas
Maher Syed - Zacks Investment Research - Thu Jan 28, 11:15AM CST
Buy stocks that are less volatile which have high dividend yields so you can get income in your portfolio with low risk.
WPC: 66.52 (+0.68), ARI: 16.66 (+0.18), SUN: 29.98 (+0.17)
Apollo Commercial Real Estate Finance, Inc. Announces CFO Transition
BusinessWire - Tue Jan 26, 3:30PM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI) today announced Megan Gaul, Chief Financial Officer, Secretary and Treasurer of ARI, resigned from the Company to pursue other interests. Ms. Gaul will remain in her positions until June 2016 and has agreed to assist the Company as it transitions her responsibilities to her replacement. The Company has initiated a search for a new Chief Financial Officer.
ARI: 16.66 (+0.18)
Apollo Commercial Real Estate Finance, Inc. Announces 2015 Dividend Income Tax Treatment
BusinessWire - Tue Jan 26, 7:30AM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI) today announced the estimated Federal income tax treatment of the Company's 2015 distributions on its common stock (CUSIP #03762U105) and on its 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock (CUSIP #03762U402) and 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock.
ARI: 16.66 (+0.18)
New Strong Buy Stocks for January 22nd
Zacks Equity Research - Zacks Investment Research - Fri Jan 22, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
BGFV: 12.95 (+0.15), BT: 26.40 (+0.64), ARI: 16.66 (+0.18), PETX: 8.81 (-0.11), ARP: 0.32 (+0.01)
BUYINS.NET: RRGB, FLT, PIY, JLL, DLR, ARI Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Jan 12, 6:49AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Red Robin Gourmet Burgers Inc (NASDAQ:RRGB), Fleetcor Technologies Inc (NYSE:FLT), Preferredplus Trust Series Czn 1 (NYSE
IY), Jones Lang Lasalle Inc (NYSE:JLL), Digital Realty Trust Inc (NYSE
LR), Apollo Commercial Real Estate Finance Inc (NYSE:ARI) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
JLL: 119.49 (+3.46), PIY: 28.13 (+0.35), RRGB: 50.77 (+0.63), DLR: 100.10 (+0.65), ARI: 16.66 (+0.18), FLT: 167.63 (-0.04)
Apollo Commercial Real Estate Finance, Inc. Completes over $1.1 Billion of Transactions in 2015
BusinessWire - Tue Jan 05, 7:30AM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI" (NYSE:ARI) today announced the Company closed four investments totaling $201 million in December. With the closing of these transactions, ARI has committed to over $1.1 billion of investments in 2015, a record year for the Company. In addition, ARI announced the syndication of an additional $200 million of the mezzanine loan secured by a New York City luxury condominium tower currently under construction on West 57th Street, reducing ARI's total commitment for the mezzanine loan to $75 million.
ARI: 16.66 (+0.18)
Apollo Commercial reports conversion rate adjustment on senior notes
M2 - Tue Jan 05, 5:18AM CST
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) said the conversion rate applicable to its outstanding 5.50 percent convertible senior notes due 2019 has been adjusted to 55.9411 from 55.3649, which was effective December 29, 2015 and is subject to further adjustment as provided in the governing indenture. The adjustment has been made pursuant to the terms of the notes as a result of the cash dividend to be paid on January 15, 2016 and recognition of carried-forward adjustments relating to cash dividends of USD0.44 per share of common stock and paid on April 15, 2015, July 15, 2015 and October 15, 2015, which adjustments were deferred and carried forward as permitted under the indenture. Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that primarily originates, invests in, acquires and manages performing commercial real estate first mortgage loans, subordinate financings, commercial mortgage-backed securities and other commercial real estate-related debt investments. The company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, LLC, a leading global alternative investment manager with approximately USD161.8 billion of assets under management at September 30, 2015.
APO: 18.90 (+0.14), ARI: 16.66 (+0.18)
Apollo Commercial adjusts conversion rate to 55.9411 for convertible senior notes due 2019
M2 - Wed Dec 30, 3:39AM CST
Apollo Commercial Real Estate Finance Inc (NYSE:ARI) disclosed on Wednesday that the conversion rate applicable to its outstanding 5.50% Convertible Senior Notes due 2019 has been adjusted to 55.9411, from 29 December 2015 and is subject to further adjustment under the governing indenture as well.
ARI: 16.66 (+0.18)
Apollo Residential Mortgage, Inc. Receives Stockholder Approval to Be Acquired by Apollo Commercial Real Estate Finance, Inc. and Announces Closing Date for Completion of the Acquisition
BusinessWire - Wed Aug 24, 8:26AM CDT
Apollo Commercial Real Estate Finance, Inc. ("ARI"
(NYSE:ARI) and Apollo Residential Mortgage, Inc. ("AMTG" (NYSE:AMTG) today announced the common stockholders of AMTG approved the proposed acquisition of AMTG by ARI at a special meeting of AMTG stockholders. APO: 18.90 (+0.14), ARI: 16.66 (+0.18), AMTG: 13.64 (+0.01)
Diversified REIT Stocks Technical Report -- American Tower, STORE Capital, Empire State Realty Trust, and Apollo Commercial Real Estate Finance
PR Newswire - Mon Aug 01, 7:10AM CDT
Despite starting the year on shaky ground, the REITs space continues to perform moderately well. Given that a rate hike would not push through this year, income-minded investors can expect a steady flow of income from several companies. Today, Stock-Callers.com has issued research reports on the following Diversified REITs: American Tower Corp. (NYSE: AMT), STORE Capital Corp. (NYSE: STOR), Empire State Realty Trust Inc. (NYSE: ESRT), and Apollo Commercial Real Estate Finance Inc. (NYSE: ARI). Today's reports on the aforementioned stocks are downloadable for free upon registration at:
STOR: 29.64 (+0.19), ESRT: 21.84 (+0.20), AMT: 115.09 (+1.27), ARI: 16.66 (+0.18)
Apollo Commercial (ARI) Closes $95.5M Deals & Ups Facility
Zacks Equity Research - Zacks Investment Research - Tue May 31, 6:57AM CDT
Apollo Commercial Real Estate Finance, Inc. (ARI) has closed two loan transactions worth $95.5 million.
EARN: 14.01 (+0.44), TWO: 9.05 (+0.18), ARI: 16.66 (+0.18), CMO: 10.05 (+0.16)
Apollo Commercial Real Estate Finance, Inc. Completes $95.5 Million of New Transactions and Upsizes Credit Facility
BusinessWire - Thu May 26, 7:30AM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI), today announced the Company closed two commercial real estate loan transactions totaling $95.5 million, bringing year to date transaction volume to $423.5 million of committed capital. In addition, ARI amended the Company's master repurchase agreement with JPMorgan Chase Bank, N.A., ("JPMorgan Facility" increasing the borrowing capacity to $800 million from $600 million. ARI: 16.66 (+0.18)
Apollo Commercial Real Estate Finance, Inc. Announces the Appointment of Jai Agarwal to Chief Financial Officer
BusinessWire - Mon May 23, 7:30AM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI), today announced the Board of Directors appointed Jai Agarwal to the positions of Chief Financial Officer, Secretary and Treasurer of the Company, effective June 1, 2016. Mr. Agarwal will replace Megan Gaul, who informed the Board of Directors of her resignation from these positions in January 2016. ARI: 16.66 (+0.18)
Apollo Commercial Real Estate Finance, Inc. to Present at Keefe, Bruyette & Woods Mortgage Finance Conference
BusinessWire - Thu May 19, 4:00PM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI) today announced Stuart Rothstein, the Company's Chief Executive Officer, is scheduled to present at the Keefe, Bruyette & Woods Mortgage Finance Conference on June 1, 2016 at the Westin Grand Central Hotel in New York, New York. The ARI presentation is scheduled to begin at 8:40am ET. ARI: 16.66 (+0.18)
Apollo Residential Mortgage, Inc. Reports First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:30PM CDT
Apollo Residential Mortgage, Inc. (the "Company"
(NYSE:AMTG) today reported financial results for the quarter ended March 31, 2016. APO: 18.90 (+0.14), ARI: 16.66 (+0.18), AMTG: 13.64 (+0.01)
Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2016 Financial Results
BusinessWire - Tue Apr 26, 3:30PM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI) today reported financial results for the quarter ended March 31, 2016. ARI: 16.66 (+0.18), AMTG: 13.64 (+0.01)
Apollo Commercial Real Estate Finance, Inc. Announces Dates for First Quarter 2016 Earnings Release and Conference Call
BusinessWire - Wed Apr 06, 3:15PM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI), today announced the Company will hold a conference call to review its first quarter 2016 financial results on Wednesday, April 27, 2016 at 10:00 a.m. Eastern Time. The Company's first quarter 2016 financial results will be released after the market closes on Tuesday, April 26, 2016. During the conference call, Company officers will review first quarter 2016 performance, discuss recent events and conduct a question-and-answer period. ARI: 16.66 (+0.18)
Ex-Dividend Reminder: Apollo Commercial Real Estate Finance, Acadia Realty Trust and Fulton Financial
DividendChannel.com - Mon Mar 28, 9:57AM CDT
Looking at the universe of stocks we cover at Dividend Channel, on 3/29/16, Apollo Commercial Real Estate Finance Inc. , Acadia Realty Trust , and Fulton Financial Corp.
ARI: 16.66 (+0.18)
American Capital's Q4 Earnings Miss Estimate, Up Y/Y
Zacks Equity Research - Zacks Investment Research - Tue Feb 02, 10:40AM CST
American Capital Agency Corp. (AGNC) reported fourth-quarter 2015 net spread and dollar roll income of 54 cents per share, missing the Zacks Consensus Estimate of 57 cents.
ACAS: 17.05 (+0.13), ARI: 16.66 (+0.18), AGNC: 19.57 (+0.36), BXMT: 30.02 (+0.32)
Apollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter and Full Year 2015 Earnings Release and Conference Call
BusinessWire - Mon Feb 01, 3:15PM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI), today announced the Company will hold a conference call to review its fourth quarter and full year 2015 financial results on Wednesday, February 10, 2016 at 10:00 a.m. Eastern Time. The Company's fourth quarter and full year 2015 financial results will be released after the market closes on Tuesday, February 9, 2016. During the conference call, Company officers will review fourth quarter and full year 2015 performance, discuss recent events and conduct a question-and-answer period. ARI: 16.66 (+0.18)
Beat Volatility: 3 High-Yielding Dividend Stocks with Low Betas
Maher Syed - Zacks Investment Research - Thu Jan 28, 11:15AM CST
Buy stocks that are less volatile which have high dividend yields so you can get income in your portfolio with low risk.
WPC: 66.52 (+0.68), ARI: 16.66 (+0.18), SUN: 29.98 (+0.17)
Apollo Commercial Real Estate Finance, Inc. Announces CFO Transition
BusinessWire - Tue Jan 26, 3:30PM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI) today announced Megan Gaul, Chief Financial Officer, Secretary and Treasurer of ARI, resigned from the Company to pursue other interests. Ms. Gaul will remain in her positions until June 2016 and has agreed to assist the Company as it transitions her responsibilities to her replacement. The Company has initiated a search for a new Chief Financial Officer. ARI: 16.66 (+0.18)
Apollo Commercial Real Estate Finance, Inc. Announces 2015 Dividend Income Tax Treatment
BusinessWire - Tue Jan 26, 7:30AM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI) today announced the estimated Federal income tax treatment of the Company's 2015 distributions on its common stock (CUSIP #03762U105) and on its 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock (CUSIP #03762U402) and 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock. ARI: 16.66 (+0.18)
New Strong Buy Stocks for January 22nd
Zacks Equity Research - Zacks Investment Research - Fri Jan 22, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
BGFV: 12.95 (+0.15), BT: 26.40 (+0.64), ARI: 16.66 (+0.18), PETX: 8.81 (-0.11), ARP: 0.32 (+0.01)
BUYINS.NET: RRGB, FLT, PIY, JLL, DLR, ARI Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Jan 12, 6:49AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Red Robin Gourmet Burgers Inc (NASDAQ:RRGB), Fleetcor Technologies Inc (NYSE:FLT), Preferredplus Trust Series Czn 1 (NYSE
IY), Jones Lang Lasalle Inc (NYSE:JLL), Digital Realty Trust Inc (NYSELR), Apollo Commercial Real Estate Finance Inc (NYSE:ARI) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: JLL: 119.49 (+3.46), PIY: 28.13 (+0.35), RRGB: 50.77 (+0.63), DLR: 100.10 (+0.65), ARI: 16.66 (+0.18), FLT: 167.63 (-0.04)
Apollo Commercial Real Estate Finance, Inc. Completes over $1.1 Billion of Transactions in 2015
BusinessWire - Tue Jan 05, 7:30AM CST
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI"
(NYSE:ARI) today announced the Company closed four investments totaling $201 million in December. With the closing of these transactions, ARI has committed to over $1.1 billion of investments in 2015, a record year for the Company. In addition, ARI announced the syndication of an additional $200 million of the mezzanine loan secured by a New York City luxury condominium tower currently under construction on West 57th Street, reducing ARI's total commitment for the mezzanine loan to $75 million. ARI: 16.66 (+0.18)
Apollo Commercial reports conversion rate adjustment on senior notes
M2 - Tue Jan 05, 5:18AM CST
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) said the conversion rate applicable to its outstanding 5.50 percent convertible senior notes due 2019 has been adjusted to 55.9411 from 55.3649, which was effective December 29, 2015 and is subject to further adjustment as provided in the governing indenture. The adjustment has been made pursuant to the terms of the notes as a result of the cash dividend to be paid on January 15, 2016 and recognition of carried-forward adjustments relating to cash dividends of USD0.44 per share of common stock and paid on April 15, 2015, July 15, 2015 and October 15, 2015, which adjustments were deferred and carried forward as permitted under the indenture. Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that primarily originates, invests in, acquires and manages performing commercial real estate first mortgage loans, subordinate financings, commercial mortgage-backed securities and other commercial real estate-related debt investments. The company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, LLC, a leading global alternative investment manager with approximately USD161.8 billion of assets under management at September 30, 2015.
APO: 18.90 (+0.14), ARI: 16.66 (+0.18)
Apollo Commercial adjusts conversion rate to 55.9411 for convertible senior notes due 2019
M2 - Wed Dec 30, 3:39AM CST
Apollo Commercial Real Estate Finance Inc (NYSE:ARI) disclosed on Wednesday that the conversion rate applicable to its outstanding 5.50% Convertible Senior Notes due 2019 has been adjusted to 55.9411, from 29 December 2015 and is subject to further adjustment under the governing indenture as well.
ARI: 16.66 (+0.18)
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