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Apollo Investment ups total commitments under credit agreement by $70M

Apollo Investment Corp. increased the total commitments under its senior secured revolving credit agreement by $70 million to $1.71 billion from $1.64 billion pursuant to the accordion provisions.

Santander Bank NA was added as a lender under the senior secured agreement.

The accordion provisions under the agreement allows Apollo Investment to increase the total commitments under the existing revolving facility up to an aggregate principal amount of about $2.39 billion from new or existing lenders.