Apollo Commercial Real Estate Finance, Inc. Announces Public Offering of Common Stock

Tue Mar 5, 2013 4:13pm EST

* Reuters is not responsible for the content in this press release.

  NEW YORK, NY, Mar 05 (Marketwire) -- 
Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI")
(NYSE: ARI) today announced the Company has commenced an underwritten
public offering of 8,000,000 shares of common stock. The Company expects
to grant the underwriters a 30-day option to purchase up to 1,200,000
additional shares of common stock. 

    ARI intends to use the net proceeds from the offering to acquire the
Company's target assets, which include commercial first mortgage loans,
commercial mortgage-backed securities, subordinate financings and other
commercial real estate-related debt investments and for general corporate

    J.P. Morgan, BofA Merrill Lynch and Citigroup are the joint book-running
managers for the offering. 

    A registration statement relating to these securities has been declared
effective by the Securities and Exchange Commission. The offering will be
made only by means of a prospectus supplement and prospectus, which have
been filed with the Securities and Exchange Commission. A copy of the
prospectus supplement and prospectus related to the offering can be
obtained, when available, by contacting J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY
11717, Attention: Prospectus Department, or by calling 866-803-9204; BofA
Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York,
NY 10038, Email: dg.prospectus_requests@baml.com; or Citigroup, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY
11717 or by calling 800-831-9146, Email: BATProspectusdept@citi.com. 

    This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be any
sale of any securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or

    About Apollo Commercial Real Estate Finance, Inc. 
 Apollo Commercial
Real Estate Finance, Inc. (NYSE: ARI) is a commercial mortgage real
estate investment trust that primarily originates, invests in, acquires
and manages senior performing commercial real estate mortgage loans,
commercial mortgage-backed securities and other commercial real
estate-related debt investments throughout the U.S. The Company is
externally managed and advised by ACREFI Management, LLC, a Delaware
limited liability company and an indirect subsidiary of Apollo Global
Management, LLC, a leading global alternative investment manager with
$113 billion of assets under management at December 31, 2012. 

    The Company maintains a website at www.apolloreit.com.

    Forward-Looking Statements
 Certain statements contained in this press
release constitute forward-looking statements as such term is defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, and such statements are
intended to be covered by the safe harbor provided by the same.
Forward-looking statements are subject to substantial risks and
uncertainties, many of which are difficult to predict and are generally
beyond the Company's control. These forward-looking statements include
information about possible or assumed future results of the Company's
business, financial condition, liquidity, results of operations, plans
and objectives. When used in this release, the words "believe," "expect,"
"anticipate," "estimate," "plan," "continue," "intend," "should," "may"
or similar expressions, are intended to identify forward-looking
statements. Statements regarding the following subjects, among others,
may be forward-looking: the return on equity; the yield on investments;
the ability to borrow to finance assets; and risks associated with
investing in real estate assets, including changes in business conditions
and the general economy. For a further list and description of such risks
and uncertainties, see the reports filed by the Company with the
Securities and Exchange Commission. The forward-looking statements, and
other risks, uncertainties and factors are based on the Company's
beliefs, assumptions and expectations of its future performance, taking
into account all information currently available to the Company.
Forward-looking statements are not predictions of future events. The
Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law. 


Hilary Ginsberg
Investor Relations 
(212) 822-0767 

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