Apollo Investment Corporation and U.S. Bank National Association entered into a Fifth Supplemental Indenture to the Indenture, dated as of October 9, 2012, between the company and the Trustee. The Fifth Supplemental Indenture relates to the Company’s issuance, offer and sale of $125,000,000 aggregate principal amount of its 4.500% Notes due 2026. The Notes will mature on July 16, 2026 and may be redeemed in whole or in part at the Company’s option at any time at the redemption prices set forth in the Fifth Supplemental Indenture. The Notes bear interest at a rate of 4.500% per year payable on January 16 and July 16 of each year, commencing January 16, 2022. The Notes are direct unsecured obligations of the company.