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Sutherland Represents J.P. Morgan, Citigroup, Banc of America and Bear, Stearns & Co. in $400 Million Public Offering

February 1, 2007

WASHINGTON (February 1, 2007) – Sutherland Asbill & Brennan LLP represented J.P. Morgan Securities Inc., Citigroup Global Markets Inc., Banc of America Securities LLC and Bear, Stearns & Co. Inc. as representatives of the underwriters in connection with the public offering of 18,000,000 shares of the common stock of Apollo Investment Corporation for total proceeds, before the underwriting discounts and commissions and estimated offering expenses, of $403.92 million. 

The Sutherland team was led by Securities/Corporate Governance Partners Steven B. Boehm, Cynthia M. Krus and Harry S. Pangas and Associates Blair F. Petrillo and Hannah L. Friedberg

Sutherland Asbill & Brennan LLP is an AmLaw 100 law firm known for solving challenging business problems and resolving unique legal issues for many of the nation's largest companies.  Founded in 1924, the firm has grown to more than 450 lawyers with offices in Atlanta, Austin, Houston, New York, Tallahassee and Washington.  For further information about the firm, please visit sutherland.com.

Inquiries related to this transaction may be directed to Cynthia M. Krus, chair of the Securities/Corporate Governance Group at 202.383.0218 or cynthia.krus@sablaw.com.

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