Sec Form 13D Filing - Apollo Management Holdings GP LLC filing for MFA FINANCIAL INC. (MFA) - 2020-12-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

SCHEDULE 13D

(Amendment No. 1)*

 

Under the Securities Exchange Act of 1934

 

MFA FINANCIAL, INC.

(Name of Issuer)

 

Common stock, par value $0.01 per share

(Title of Class of Securities)

 

55272X102

(CUSIP Number)

 

John F. Hartigan, Esq.

Morgan, Lewis & Bockius LLP

300 S. Grand Avenue, 22nd Floor

Los Angeles, CA 90071

(213) 612-2500

(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

 

December 10, 2020

(Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

*  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Athene Annuity and Life Company

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Iowa

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,889,385.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,889,385.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,889,385.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.0%

14

TYPE OF REPORTING PERSON

 

CO

 

1


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Athene Annuity & Life Assurance Company

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

CO

 

2


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Athene USA Corporation

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Iowa

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

CO

 

3


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Athene Life Re Ltd.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Bermuda

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

CO

 

4


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Athene Holding Ltd.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Bermuda

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

CO

 

5


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Insurance Solutions Group LP

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

PN

 

6


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

AISG GP Ltd.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

OO

 

7


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Life Asset, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

PN

 

8


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Life Asset GP, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

OO

 

9


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Capital Management, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATIO N

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

PN

 

10


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Capital Management GP, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

OO

 

11


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Management Holdings, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

PN

 

12


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Management Holdings GP, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

11,111,731.50

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

11,111,731.50

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,111,731.50

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.5%

14

TYPE OF REPORTING PERSON

 

OO

 

13


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Omaha Equity Aggregator, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,333,799

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,333,799

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,333,799

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.8%

14

TYPE OF REPORTING PERSON

 

PN

 

14


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

AP Omaha Advisors, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,333,799

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,333,799

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,333,799

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.8%

14

TYPE OF REPORTING PERSON

 

OO

 

15


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Hybrid Value Advisors, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,333,799

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,333,799

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,333,799

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.8%

14

TYPE OF REPORTING PERSON

 

PN

 

16


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Hybrid Value Capital Management, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,333,799

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,333,799

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,333,799

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.8%

14

TYPE OF REPORTING PERSON

 

OO

 

17


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

APH Holdings, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,333,799

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,333,799

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,333,799

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.8%

14

TYPE OF REPORTING PERSON

 

PN

 

18


 

CUSIP No. 55272X102

1

NAME OF REPORTING PERSONS

 

Apollo Principal Holdings III GP, Ltd.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) o

(b) o

3

SEC USE ONLY

 

4

SOURCE OF FUNDS

 

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) o

 

6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

8

SHARED VOTING POWER

 

8,333,799

9

SOLE DISPOSITIVE POWER

 

10

SHARED DISPOSITIVE POWER

 

8,333,799

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

8,333,799

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x

 

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

1.8%

14

TYPE OF REPORTING PERSON

 

CO

 

19


 

This Amendment No. 1 to Schedule 13D is filed by: (i) Athene Annuity and Life Company (“AAIA”); (ii) Athene Annuity & Life Assurance Company (“AADE”); (iii) Athene USA Corporation (“Athene USA”); (iv) Athene Life Re Ltd. (“Athene Life Re”); (v) Athene Holding Ltd. (“Athene Holding”); (vi) Apollo Insurance Solutions Group LP (“AISG”); (vii) AISG GP Ltd. (“AISG GP”); (viii) Apollo Life Asset, L.P. (“Apollo Life”); (ix) Apollo Life Asset GP, LLC (“Apollo Life GP”); (x) Apollo Capital Management, L.P. (“Capital Management”); (xi) Apollo Capital Management GP, LLC (“Capital Management GP”); (xii) Apollo Management Holdings, L.P. (“Management Holdings”); (xiii) Apollo Management Holdings GP, LLC (“Management Holdings GP”); (xiv) Omaha Equity Aggregator, L.P. (“Apollo Purchaser”); (xv) AP Omaha Advisors, LLC (“Omaha Advisors”); (xvi) Apollo Hybrid Value Advisors, L.P. (“Hybrid LP”); (xvii) Apollo Hybrid Value Capital Management, LLC (“Hybrid Management”); (xviii) APH Holdings, L.P. (“APH Holdings”); and (xix) Apollo Principal Holdings III GP, Ltd. (“Principal Holdings III GP”) and supplements and amends the Schedule 13D filed on July 6, 2020 (the “Initial Schedule 13D”).

 

Unless otherwise indicated, capitalized terms used but not otherwise defined herein shall have the meaning assigned to such terms in the Initial Schedule 13D. Responses to each item of this Schedule 13D/A are incorporated by reference into the response to each other item, as applicable.

 

Item 1.                                 Security and Issuer

 

Item 2.                                 Identity and Background

 

Item 3.                                 Source and Amount of Funds

 

Item 4.                                 Purpose of the Transaction

 

On December 10, 2020, the Issuer entered into a Purchase and Sale Agreement, by and among the Issuer, Apollo Purchaser, AAIA, and AADE, pursuant to which Apollo Purchaser, AAIA, and AADE agreed to sell to the Issuer a portion of the Warrants exercisable for an aggregate of 17,593,575.5 Warrant Shares for an aggregate price of $33,650,028.11.

 

Item 5.                                 Interest in Securities of the Issuer

 

(a) & (b) Information in Rows 7 to 13 of the respective cover pages of the individual Reporting Persons are incorporated into this Item 5 by refer ence.  The aggregate beneficial ownership of the Common Stock by the Reporting Persons is as follows:

 

Sole Voting Power

 

0

Shared Voting Power

 

19,445,530.5

Sole Dispositive Power

 

0

Shared Dispositive Power

 

19,445,530.5

 

The Reporting Persons’ aggregate percentage beneficial ownership of the total amount of Common Stock outstanding is 4.3%, based on a total of 453,333,220 shares of Common Stock outstanding as of October 29, 2020, as reported on the Issuer’s Form 10-Q for the quarterly period ended September 30, 2020.

 

20


 

(c) The following Reporting Persons effected the following transactions during the past 60 days:

 

Date

 

Reporting
Person

 

Transaction

 

Aggregate
Sale/Purchase Price

 

Method

 

12/10/2020

 

Apollo Purchaser

 

Sale of Warrants exercisable for an aggregate of 13,889,665 Warrant Shares

 

$

27,057,067.42

 

Pursuant to Purchase and Sale Agreement, dated as of Dec. 10, 2020, by and among the Issuer, Apollo Purchaser, AAIA, and AADE

 

12/10/2020

 

AAIA

 

Sale of Warrants exercisable for an aggregate of 2,963,128.50 Warrant Shares

 

$

5,274,368.73

 

 

12/10/2020

 

AADE

 

Sale of Warrants exercisable for an aggregate of 740,782 Warrant Shares

 

$

1,318,591.96

 

 

 

 

 

 

 

 

 

 

 

 

 

12/3/2020

 

Apollo Purchaser

 

Sale of 759,012 shares of Common Stock

 

$

2,883,955.93

 

Open market transaction

 

12/3/2020

 

AAIA

 

Sale of 355,809 shares of Common Stock

 

$

1,350,065.66

 

 

12/3/2020

 

AADE

 

Sale of 150,199 shares of Common Stock

 

$

572,571.62

 

 

12/2/2020

 

AAIA

 

Sale of 244,987 shares of Common Stock

 

$

921,763.59

 

 

12/2/2020

 

Apollo Purchaser

 

Sale of 367,481 shares of Common Stock

 

$

1,382,647.26

 

 

 

(e) On December 10, 2020, the Reporting Persons ceased to be the beneficial owners of more than five percent of the Issuer’s Common Stock.

 

Item 6.                                 Contracts, Arrangements, Understandings or Relationships With Respect To Securities of the Issuer

 

Purchase and Sale Agreement

 

On December 10, 2020, the Issuer entered into a Purchase and Sale Agreement, by and among the Issuer, Apollo Purchaser, AAIA, and AADE, pursuant to which Apollo Purchaser, AAIA, and AADE agreed to sell to the Issuer a portion of the Warrants exercisable for an aggregate of 17,593,575.5 Warrant Shares for an aggregate price of $33,650,028.11.

 

Item 7.                                 Material to Be Filed as Exhibits

 

Exhibit 

 

Description

Exhibit E

 

Purchase and Sale Agreement, dated as of December 10, 2020, by and among MFA Financial, Inc., Omaha Equity Aggregator, L.P., Athene Annuity and Life Company and Athene Annuity & Life Assurance Company

 

21


 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:  December 14, 2020

 

 

 

ATHENE ANNUITY AND LIFE COMPANY

 

 

 

 

By:

Apollo Insurance Solutions Group LP,

 

 

its investment adviser

 

 

 

 

 

By:

AISG GP Ltd.,

 

 

 

its general partner

 

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

 

 

Matthew S. O’Mara

 

 

 

 

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

ATHENE ANNUITY & LIFE ASSURANCE COMPANY

 

 

 

 

 

 

By:

Apollo Insurance Solutions Group LP,

 

 

its investment adviser

 

 

 

 

 

 

 

By:

AISG GP Ltd.,

 

 

 

its general partner

 

 

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

 

 

Matthew S. O’Mara

 

 

 

 

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

ATHENE USA CORPORATION

 

 

 

 

 

 

By:

Apollo Insurance Solutions Group LP,

 

 

its investment adviser

 

 

 

 

 

 

 

By:

AISG GP Ltd.,

 

 

 

its general partner

 

 

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

 

 

Matthew S. O’Mara

 

 

 

 

Authorized Signatory

 


 

 

ATHENE LIFE RE LTD.

 

 

 

 

 

 

By:

Apollo Insurance Solutions Group LP,

 

 

its investment adviser

 

 

 

 

 

 

 

By:

AISG GP Ltd.,

 

 

 

its general partner

 

 

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

 

 

Matthew S. O’Mara

 

 

 

 

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

ATHENE HOLDING LTD.

 

 

 

 

 

 

By:

Apollo Insurance Solutions Group LP,

 

 

its investment adviser

 

 

 

 

 

 

 

By:

AISG GP Ltd.,

 

 

 

its general partner

 

 

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

 

 

Matthew S. O’Mara

 

 

 

 

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

APOLLO INSURANCE SOLUTIONS GROUP LP

 

 

 

 

 

 

By:

AISG GP Ltd.,

 

 

its general partner

 

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

 

Matthew S. O’Mara

 

 

 

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

AISG GP LTD.

 

 

 

 

 

 

By:

/s/ Matthew S. O’Mara

 

 

Matthew S. O’Mara

 

 

Authorized Signatory

 

 

 

 

 

 

 

 

 

 

 

APOLLO LIFE ASSET, L.P.

 

 

 

 

 

 

By:

Apollo Life Asset GP, LLC,

 

 

its general partner

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

 

William B. Kuesel

 

 

 

Vice President

 


 

 

APOLLO LIFE ASSET GP, LLC

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

William B. Kuesel

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO CAPITAL MANAGEMENT, L.P.

 

 

 

 

 

 

By:

Apollo Capital Management GP, LLC,

 

 

its general partner

 

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

 

William B. Kuesel

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO CAPITAL MANAGEMENT GP, LLC

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

William B. Kuesel

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO MANAGEMENT HOLDINGS, L.P.

 

 

 

 

 

 

By:

Apollo Management Holdings GP, LLC,

 

 

its general partner

 

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

 

William B. Kuesel

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO MANAGEMENT HOLDINGS GP, LLC

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

William B. Kuesel

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

OMAHA EQUITY AGGREGATOR, L.P.

 

 

 

 

 

 

By:

AP Omaha Advisors, LLC,

 

 

its general partner

 

 

 

 

 

 

 

By:

Apollo Hybrid Value Advisors, L.P.,

 

 

 

its sole member

 

 

 

 

 

 

 

 

By:

Apollo Hybrid Value Capital Management, LLC,

 

 

 

 

its general partner

 

 

 

 

 

 

 

 

 

By:

/s/ Joseph D. Glatt

 

 

 

 

 

Joseph D. Glatt

 

 

 

 

 

Vice President

 


 

 

AP OMAHA ADVISORS, LLC

 

 

 

 

 

 

By:

Apollo Hybrid Value Advisors, L.P.,

 

 

its sole member

 

 

 

 

 

 

 

By:

Apollo Hybrid Value Capital Management, LLC,

 

 

 

its general partner

 

 

 

 

 

 

 

By:

/s/ Joseph D. Glatt

 

 

 

 

Joseph D. Glatt

 

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO HYBRID VALUE ADVISORS, L.P.

 

 

 

 

 

 

By:

Apollo Hybrid Value Capital Management, LLC,

 

 

its general partner

 

 

 

 

 

By:

/s/ Joseph D. Glatt

 

 

 

Joseph D. Glatt

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO HYBRID VALUE CAPITAL MANAGEMENT, LLC

 

 

 

 

 

 

By:

/s/ Joseph D. Glatt

 

 

Joseph D. Glatt

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APH HOLDINGS, L.P.

 

 

 

 

 

 

By:

Apollo Principal Holdings III GP, Ltd.,

 

 

its general partner

 

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

 

William B. Kuesel

 

 

 

Vice President

 

 

 

 

 

 

 

 

 

 

 

APOLLO PRINCIPAL HOLDINGS III GP, LTD.

 

 

 

 

 

 

By:

/s/ William B. Kuesel

 

 

William B. Kuesel

 

 

Vice President