Skip to main content

Apollo Provides $585 Million Financing to The Executive Centre

Written by Customer Service on . Posted in Public Companies.

NEW YORK and HONG KONG, Sept. 15, 2026 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds, affiliates, and other long-term investors provided a $585 million financing to The Executive Centre (“TEC”), one of Asia’s leading providers of premium flexible office space, with more than 30 years of operating experience and a portfolio of over 260 centres across 38 cities in 15 markets across APAC and the Middle East. Proceeds will be primarily used to refinance existing debt and positions TEC for further expansion to meet sustained demand for premium flexible office spaces in the region.

“We are excited to deliver a tailored solution to The Executive Centre that supports their business needs and long-term strategic objectives,” said Celia Yan, Partner and Co-Head of APAC Credit & Hybrid at Apollo. “Bespoke hybrid solutions require deep cross-collaboration and the ability to understand both investors and management teams alike, and we are pleased to be TEC’s partner of choice for this transaction.”

“TEC has spent three decades building a trusted platform for multinational clients who need the flexibility to scale across Asia. Apollo’s ability to deliver a solution signals confidence and addresses both our refinancing objectives and growth ambitions, reflecting the long-term, partnership-driven approach we were looking for,” a spokesperson for The Executive Centre stated.

The investment builds on Apollo’s track record of hybrid capital solutions in Asia including transactions with JSW Cement, Global Schools Group, Hero FinCorp, HMI/PanAsia Health, Molycop and Charles Monat Associates.

A&O Shearman acted as legal counsel to Apollo. Clifford Chance acted as legal counsel and Rippledot Capital as financial advisor to The Executive Centre.

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2026, Apollo had approximately $1.05 trillion of assets under management. To learn more, please visit www.apollo.com.

Contacts

Noah Gunn
Global Head of Investor Relations
+1 (212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
+1 (212) 822-0491
Communications@apollo.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.