AWLC Announces Pricing of $750.0 Million of 6.250% Fixed-to-Floating Rate Senior Notes Due 2032

NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, today announced the pricing of an offering of $750.0 million in aggregate principal amount of 6.250% fixed-to-floating rate senior notes due 2032 (the “Notes”) by Atlas Warehouse Lending Company, L.P. (“AWLC”) in a private offering to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”) with registration rights (the “Offering”).

AWLC is a wholly owned, investment-grade-rated subsidiary of WHCO Intermediate Holdings L.P. (“Atlas Warehouse Company”), which serves as the primary funding entity for ATLAS’s broader lending platform.¹

The Notes will bear interest (i) from and including the issue date to, but excluding, November 1, 2031 (the “Initial Determination Date”), at a fixed annual rate of 6.250%, payable semi-annually in arrears, on May 1 and November 1 of each year, beginning on May 1, 2027 and (ii) from and including the Initial Determination Date, at a floating annual rate equal to a benchmark rate, based on Compounded SOFR, plus a spread of 2.534% per annum (which includes a floating rate step-up of 1.000%) payable quarterly on February 1, 2032, May 1, 2032, August 1, 2032 and the maturity date. The Notes will mature on November 1, 2032.

The Notes will initially be fully and unconditionally guaranteed on a senior unsecured basis by certain of AWLC’s wholly owned domestic subsidiaries that guarantee its credit facilities. AWLC intends to use the net proceeds from the Offering (i) to fund assets, (ii) to pay related fees and expenses, and (iii) for general corporate purposes, which may include the repayment of certain of its indebtedness. The Offering is expected to close on October 21, 2026, subject to customary closing conditions.

The Notes and the related guarantees have not been registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes are being sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About ATLAS SP Partners
ATLAS is a global investment firm providing stable capital, financing, advisory and institutional products to market participants seeking innovative and bespoke structured credit and asset-backed solutions. ATLAS is proud to build upon a legacy of client excellence that includes certainty of execution, deep expertise and full-service capabilities across the asset management landscape.

Media Contact:
Kate Thompson / Kate Kelley / Alexander Wolfsohn
(212) 355-4449
atlas-sp@joelefrank.com

Investor Contact:
Alex Pelzar
Head of Investor Relations
(212) 540-5749
alex.pelzar@atlas-sp.com 

¹ Loans originated by ATLAS and/or AASP Management, L.P. (“AASP”), Atlas Warehouse Company’s investment manager and an affiliate of Apollo Global Management Inc. Atlas Warehouse Company is sub-advised by a subsidiary of ATLAS.