Apollo Infrastructure Co LLC 8-K

What Happened
Apollo Infrastructure Co LLC filed an 8-K (Items 1.01 and 2.03) to announce that certain indirect subsidiaries entered into a revolving credit agreement on January 12, 2026. Sumitomo Mitsui Banking Corporation acts as administrative agent, letter of credit issuer and lead arranger, with U.S. Bank Trust Company, N.A. as collateral trustee. The lenders agreed to provide up to $400 million in aggregate initial credit availability, which may be increased with consent, and the facility matures on January 12, 2029 (unless extended or accelerated).

Key Details

• Facility size: up to $400 million initial principal availability (increase possible with consent).
• Closing date: January 12, 2026; Maturity date: January 12, 2029 (subject to extension/acceleration).
• Interest: U.S. dollar advances bear interest at term SOFR + 2.95% (or certain alternative rates).
• Security and recourse: Obligations secured by certain accounts, credit investments and equity interests of the borrowers; obligations under the Agreement are non-recourse to the parent Company.
• Other terms: customary fees (closing, arrangement, admin, unused, minimum utilization, letter of credit) and standard covenants/events of default, including borrowing-base ratio requirements. The full agreement is filed as Exhibit 10.1.

Why It Matters
This credit facility gives Apollo Infrastructure’s subsidiaries substantial committed liquidity (up to $400M) through early 2029, improving short-term financing flexibility for operations or projects. Because the obligations are non-recourse to the parent and are secured by specific subsidiary assets, the facility’s credit support and any asset encumbrance are largely limited to the named borrowers and guarantors rather than the parent company’s entire balance sheet. Investors should note the interest spread (SOFR + 2.95%) and covenant structure, which could affect subsidiary cash flow requirements and financial flexibility.