The high-yield notes are part of the financing for an Apollo-led investor group’s acquisition of Barnes

Davis Polk advised the representative of the several initial purchasers in connection with the offering by Goat Holdco, LLC of $750 million aggregate principal amount of its 6.75% senior secured notes due 2032. Upon satisfaction of certain escrow conditions, the proceeds of the notes will be used to fund the acquisition of Barnes Group Inc. and to pay related fees, costs, premiums and expenses. These notes are part of the debt financing provided to an investor group led by Apollo Global Management, Inc. in connection with its acquisition of Barnes Group Inc.

Apollo is a high-growth, global alternative asset manager. As of September 30, 2024, Apollo had approximately $733 billion of assets under management.

Barnes Group Inc. leverages world-class manufacturing capabilities and market leading engineering to develop advanced processes, automation solutions and applied technologies for industries ranging from medical and personal care to mobility, packaging and aerospace.

The Davis Polk capital markets team included partners Michael Kaplan and Hillary A. Coleman and associates Kanger Jin, Xi (Brooke) Zheng and Hope Goimarac. Partner Scott M. Herrig, counsel Ruben N. Henriquez, and associate Emily (Yuhong) Su provided finance advice. Partner Pritesh P. Shah provided intellectual property advice. Partner Mario J. Verdolini provided tax advice. All members of the Davis Polk team are based in the New York office.

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