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tary share, which will increase the proceeds to us with respect to these depositary shares by $ We intend to apply to list the depositary shares on the New York Stock Exchange. If the application is approved, trading of the depositary shares on the New York Stock Exchange is expected to begin within 30 days after they are

t prices at the time of sale. Sole Bookrunner J.P. Morgan Joint Lead Managers Bob% Merrill Lynch Citigroup Morgan Stanley UBS Investment Bank Wells Fargo Securities . 2015 EFTA00601703 Table of Contents In making your investment decision, you should rely only on the information contained or incorporated by r

rst quarter of 2011. the fund issued $309 million of common shares ($295 million net of offering costs) in its initial public offering and trades on the New York Stock Exchange under the symbol "AFT." Apollo European Credit Fund. During 2011 we established Apollo European Credit L.P. ("AEC'). which seeks to generate total r

Credit Suisse Securities (USA) LLC. Deutsche Bank Securities Inc.. UBS Securities LLC, Barclays Capital Inc.. Morgan Stanley & Co. Incorporated and Wells Fargo Securities. LLC. acted as joint book-running managers of the offering. The initial public offering was completed on April 4. 2011. The aggregate offering pric

the Series A Preferred Shares involves risks. See "Risk Factors" beginning on page S-19. We intend to apply to list the Series A Preferred Shares on the New York Stock Exchange (the "NYSE") under the symbol ." If the application is approved, we expect trading of the Series A Preferred Shares on the NYSE to begin within 30 d

y system of The Depository Trust Company on or about , 2017. Joint Book-Running Managers BofA Merrill Lynch Morgan Stanley UBS Investment Bank Wells Fargo Securities , 2017 EFTA00613223 TABLE OF CONTENTS Prospectus Supplement Page About This Prospectus Supplement viii Valuation and Related Data vii