Apollo Investment Corporation Issues Letter to Stakeholders Providing Business Update

NEW YORK, March 26, 2020 (GLOBE NEWSWIRE) — Apollo Investment Corporation (NASDAQ: AINV) or the “Company,” today issued an open letter to its stakeholders.

Below is the full text of the letter:

March 26, 2020

Dear Stakeholders,

As the coronavirus (COVID-19) pandemic continues to have an unprecedented impact on the capital markets, we wanted to provide an update on Apollo Investment Corporation (the “Company”). Our priority continues to be the health and well-being of our stakeholders and the employees of the Company’s Investment Adviser, Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc., (together with its affiliates, “Apollo”). Apollo has fully transitioned to a remote work environment while ensuring full business continuity. The Company is in constant dialog with its portfolio companies to identify and manage risks and liquidity needs.

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