March 19 (Reuters) - Apollo Global Management Inc APO.N:
REALTY INCOME AND APOLLO TO ESTABLISH STRATEGIC PARTNERSHIP
APOLLO - INITIAL APOLLO INVESTMENT OF $1.0 BILLION FOR 49% EQUITY INTEREST IN PORTFOLIO OF EXISTING U.S. REALTY INCOME RETAIL ASSETS
APOLLO - REALTY INCOME TO MANAGE PORTFOLIO OF ABOUT 500 RETAIL ASSETS
APOLLO: REALTY INCOME RETAINS CALL OPTION TO REDEEM APOLLO EQUITY AFTER YEAR 7, CAPPED IRR 6.875%