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s the holder of Preferred Shares. Neither the Preferred Shares Depositary nor any Depositary's Agent (as defined in the Deposit Agreement), nor the Registrar (as defined in the Deposit Agreement) nor the Company assumes any obligation or will be subject to any liability under the Deposit Agreement to hold
r and has a "tax home" in the United States in which case the nonresident alien individual will be subject to a 30% tax on his capital gains. Under the Foreign Investment in Real Property Tax Act, referred to as "FIRPTA," distributions that are attributable to gain from the sales by us of USRPIs and paid to a non-U.S. sh
red Shares are first issued. Tax Treatment See "Material U.S. Federal Income Tax Considerations" in this prospectus supplement. Transfer Agent, Registrar and Paying Agent American Stock Transfer & Trust Company, LLC. Risk Factors Investing in the Series A Preferred Shares involves risks. Before
connected income, and hence such non-U.S. person could be subject to U.S. Federal income tax and branch profits tax on the sale or exchange. Under the Foreign Investment in Real Property Tax Act of 1980, or "FIRPTA," provisions of the Code, certain non-U.S. persons are subject to U.S. tax in the same manner as U.S. pers
relating to such preferred shares. 18 EFTA00613328 Listing Our Class A shares are listed on the NYSE under the symbol "APO." Transfer Agent and Registrar The transfer agent and registrar for our Class A shares and our Class B share is American Stock Transfer & Trust Company. We will be entitled to r
purposes as effectively connected income, and hence such non-U.S. person could be subject to U.S. Federal income tax on the sale or exchange. Under the Foreign Investment in Real Property Tax Act of 1980, or "FIRPTA," provisions of the Code, certain non-U.S. persons are subject to U.S. tax in the same manner as U.S. pers
Entities connected to both Registrar and the Foreign Investment in

United States
LOCATIONLeon Black
PERSON
Eric Holder
PERSON
George W. Bush
PERSONthe District of Columbia
LOCATION
Morgan Stanley
ORGANIZATIONJoint Book-Running Managers
ORGANIZATIONForm S-3
ORGANIZATIONDebt Securities
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONUBS Investment Bank
ORGANIZATIONCayman
LOCATION
Belgium
LOCATION
BofA Merrill Lynch
ORGANIZATIONAPO Corp. Distributions
ORGANIZATIONPersonal Holding Companies
ORGANIZATIONAdministrative Matters
ORGANIZATIONTreatment of Distributions
ORGANIZATIONU.S. Federal Estate Taxes
ORGANIZATIONInvestment Structure
ORGANIZATION