Exhibit 99.1
The shares of the Issuers common stock reported as beneficially owned are held of record by (i) Apollo Centre Street Partnership, L.P. (Centre Street LP) (399,651 shares), (ii) Apollo Credit Opportunity Trading Fund III (Opportunity III) (2,297,345 shares), (iii) Apollo Special Opportunities Managed Account, L.P. (SOMA Fund) (1,262,956 shares), and (iv) Apollo Zeus Strategic Investments, L.P. (Zeus LP) (420,976 shares). Apollo Franklin Partnership, L.P. (Apollo Franklin), AEC (Lux) S.à r.l. (AEC (Lux)), AES (Lux) S.à r.l. (AES (Lux)) and ANS U.S. Holdings Ltd. (ANS US, together with Centre Street LP, Opportunity III, SOMA Fund, Zeus LP, Apollo Franklin, AEC (Lux) and AES (Lux), the Funds) are no longer holders of record of any shares of the Issuers common stock.
Apollo Centre Street Management, LLC (Centre Street Management) serves as the investment manager for Centre Street LP. Apollo Franklin Management, LLC (Franklin Management) serves as the investment manager for Apollo Franklin. Apollo Credit Opportunity Fund III LP (Opportunity III LP) and Apollo Credit Opportunity Fund (Offshore) III LP (Offshore Opportunity III LP) serve as the general partners of Opportunity III. Apollo Credit Opportunity Management III LLC (Opportunity Management III) serves as the investment manager for each of Opportunity III LP and Offshore Opportunity III LP. Apollo European Credit Management, L.P. (AEC Management LP) serves as the investment manager for AEC (Lux). Apollo European Credit Management GP, LLC (AEC Management LLC) serves as the general partner of AEC Management LP. Apollo European Strategic Management, L.P. (AES Management LP) serves as the investment manager for AES (Lux). Apollo European Strategic Management GP LLC (AES Management LLC) serves as the general partner for AES Management LP. Apollo SK Strategic Investments, L.P. (SK Strategic LP) is the sole member-manager of ANS US. Apollo SK Strategic Management, LLC (SK Strategic Management) serves as the investment manager for SK Strategic LP.
Apollo SOMA Advisors, L.P. (SOMA Advisors) serves as the general partner of SOMA Fund, and Apollo SOMA Capital Management, LLC (SOMA Capital Management) serves as the general partner of SOMA Advisors. APH Holdings (DC), L.P. (APH) serves as the sole member and manager of SOMA Capital Management, and Apollo Principal Holdings IV GP, Ltd. (Principal IV GP) serves as the general partner of APH. Apollo SVF Management, L.P. (SVF Management) serves as the investment manager of SOMA Fund, and Apollo SVF Management GP, LLC (SVF Management GP) serves as the general partner of SVF Management. Apollo Zeus Strategic Management, LLC (Zeus Management) serves as the investment manager for Zeus LP.
Apollo Capital Management, L.P. (Capital Management) is the sole member and manager of Centre Street Management, Franklin Management, Opportunity Management III, AEC Management LLC, AES Management LLC, SK Strategic Management, SVF Management GP and Zeus Management. Apollo Capital Management GP, LLC (Capital Management GP) is the general partner of Capital Management. Apollo Management Holdings, L.P. (Management Holdings) serves as the sole member and manager of Capital Management GP. Apollo Management Holdings GP, LLC (Management Holdings GP) is the general partner of Management Holdings. Leon Black, Joshua Harris and Marc Rowan are the managers of Principal IV GP, and the managers, as well as executive officers, of Management Holdings GP.
Each of the Funds disclaims beneficial ownership of any shares of the Issuers common stock owned of record by the other Funds, and each of Centre Street Management, Franklin Management, Opportunity III LP, Offshore Opportunity III LP, Opportunity Management III, AEC Management LP, AEC Management LLC, AES Management LP, AES Management LLC, SK Strategic LP, SK Strategic Management, SOMA Advisors, SOMA Capital Management, APH, Principal IV GP, SVF Management, SVF Management GP, Zeus Management, Capital Management, Capital Management GP, Management Holdings and Management Holdings GP, and Messrs. Black, Harris and Rowan, disclaims beneficial ownership of any shares of the Issuers common stock owned of record by the Funds, in each case except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The address of each of Centre Street LP, Centre Street Management, Apollo Franklin, Opportunity III, Opportunity III LP, Offshore Opportunity III LP, SK Strategic LP, SOMA Fund, SOMA Advisors, SOMA Capital Management, APH and Principal IV GP is One Manhattanville Road, Suite 201, Purchase, New York 10577. The address of each of AEC (Lux) and AES (Lux) is 44, Avenue J.F. Kennedy, Luxembourg L-1855, Luxembourg. The address of ANS US is c/o Intertrust Corporate Services (Cayman) Limited, 190 Elgin Avenue, George Town KY1-9005, Cayman Islands. The address of Zeus LP is c/o Maples Corporate Services Limited, P.O. Box 309, Ugland House, George
Town KY1-1104, Cayman Islands. The address of each of Franklin Management, Opportunity Management III, AEC Management LP, AEC Management LLC, AES Management LP, AES Management LLC, SK Strategic Management, SVF Management, SVF Management GP, Zeus Management, Capital Management, Capital Management GP, Management Holdings and Management Holdings GP, and Messrs. Black, Harris and Rowan, is 9 W. 57th Street, 43rd Floor, New York, New York 10019.
Exhibit 99.2
This Statement on Form 4 is filed by: (i) Apollo Centre Street Partnership, L.P., (ii) Apollo Franklin Partnership, L.P., (iii) Apollo Credit Opportunity Trading Fund III, (iv) AEC (Lux) S.à r.l., (v) AES (Lux) S.à r.l., (vi) ANS U.S. Holdings Ltd., (vii) Apollo Special Opportunities Managed Account, L.P., (viii) Apollo Zeus Strategic Investments, L.P., (ix) Apollo Centre Street Management, LLC, (x) Apollo Franklin Management, LLC, (xi) Apollo Credit Opportunity Management III LLC, (xii) Apollo Credit Opportunity Fund III LP, (xiii) Apollo Credit Opportunity Fund (Offshore) III LP, (xiv) Apollo European Credit Management, L.P., (xv) Apollo European Credit Management GP, LLC, (xvi) Apollo European Strategic Management, L.P., (xvii) Apollo European Strategic Management GP LLC, (xviii) Apollo SK Strategic Investments, L.P., (xix) Apollo SK Strategic Management, LLC, (xx) Apollo SOMA Advisors, L.P., (xxi) Apollo SOMA Capital Management, LLC, (xxii) APH Holdings (DC), L.P., (xxiii) Apollo Principal Holdings IV GP, Ltd., (xxiv) Apollo SVF Management, L.P., (xxv) Apollo SVF Management GP, LLC, (xxvi) Apollo Zeus Strategic Management, LLC, (xxvii) Apollo Capital Management, L.P., (xxviii) Apollo Capital Management GP, LLC, (xxix) Apollo Management Holdings, L.P., and (xxx) Apollo Management Holdings GP, LLC.
Name of Designated Filer: Apollo Management Holdings GP, LLC
Date of Event Requiring Statement: December 11, 2020
Issuer Name and Ticker or Trading Symbol: Genco Shipping & Trading Limited
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APOLLO CENTRE STREET PARTNERSHIP, L.P. | |||
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By: |
Apollo Centre Street Advisors (APO DC), L.P., | ||
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its general partner | ||
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By: |
Apollo Centre Street Advisors (APO DC-GP), LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO CENTRE STREET MANAGEMENT, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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APOLLO FRANKLIN PARTNERSHIP, L.P. | |||
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By: |
Apollo Franklin Advisors (APO DC), L.P., | ||
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its general partner | ||
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By: |
Apollo Franklin Advisors (APO DC-GP), LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO FRANKLIN MANAGEMENT, LLC | |||||
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By: |
/s/ Joseph D. Glatt | ||||
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Joseph D. Glatt | ||||
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Vice President | ||||
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APOLLO CREDIT OPPORTUNITY TRADING FUND III | |||||
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By: |
Apollo Credit Opportunity Fund III LP, | ||||
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its general partner | ||||
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By: |
Apollo Credit Opportunity Advisors III (APO FC) LP, | |||
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its general partner | |||
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By: |
Apollo Credit Opportunity Advisors III | ||
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(APO FC) GP LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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By: |
Apollo Credit Opportunity Fund (Offshore) III LP, | ||||
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its general partner | ||||
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By: |
Apollo Credit Opportunity Advisors III (APO FC) LP, | |||
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its general partner | |||
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By: |
Apollo Credit Opportunity Advisors III | ||
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(APO FC) GP LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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APOLLO CREDIT OPPORTUNITY FUND III LP | |||
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By: |
Apollo Credit Opportunity Advisors III (APO FC) LP, | ||
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its general partner | ||
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By: |
Apollo Credit Opportunity Advisors III (APO FC) GP LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO CREDIT OPPORTUNITY FUND (OFFSHORE) III LP | |||
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By: |
Apollo Credit Opportunity Advisors III (APO FC) LP, | ||
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its general partner | ||
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By: |
Apollo Credit Opportunity Advisors III (APO FC) GP LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO CREDIT OPPORTUNITY MANAGEMENT III LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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AEC (LUX) S.À R.L. | |||
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By: |
Apollo European Credit Management, L.P., | ||
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its investment manager | ||
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By: |
Apollo European Credit Management GP, LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO EUROPEAN CREDIT MANAGEMENT, L.P. | |||
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By: |
Apollo European Credit Management GP, LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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APOLLO EUROPEAN CREDIT MANAGEMENT GP, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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AES (LUX) S.À R.L. | |||
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By: |
Apollo European Strategic Management, L.P., | ||
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its investment manager | ||
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By: |
Apollo European Strategic Management GP, LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO EUROPEAN STRATEGIC MANAGEMENT, L.P. | |||
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By: |
Apollo European Strategic Management GP, LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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APOLLO EUROPEAN STRATEGIC MANAGEMENT GP, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President |
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APOLLO SPECIAL OPPORTUNITIES | |||
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MANAGED ACCOUNT, L.P. | |||
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By: |
Apollo SOMA Advisors, L.P., | ||
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its general partner | ||
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By: |
Apollo SOMA Capital Management, LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO SOMA ADVISORS, L.P. | |||
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By: |
Apollo SOMA Capital Management, LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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APOLLO SOMA CAPITAL MANAGEMENT, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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APH HOLDINGS (DC), L.P. | |||
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By: |
Apollo Principal Holdings IV GP, Ltd., | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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APOLLO PRINCIPAL HOLDINGS IV GP, LTD. | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President |
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APOLLO SVF MANAGEMENT, L.P. | ||||
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By: |
Apollo SVF Management GP, LLC, | |||
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its general partner | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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APOLLO SVF MANAGEMENT GP, LLC | ||||
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By: |
/s/ Joseph D. Glatt | |||
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Joseph D. Glatt | |||
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Vice President | |||
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ANS U.S. HOLDINGS LTD. | ||||
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By: |
Apollo SK Strategic Investments, L.P., | |||
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its sole shareholder | |||
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By: |
Apollo SK Strategic Advisors GP, L.P., | ||
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its general partner | ||
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By: |
Apollo SK Strategic Advisors, LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO SK STRATEGIC INVESTMENTS, L.P. | ||||
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By: |
Apollo SK Strategic Advisors GP, L.P., | |||
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its general partner | |||
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By: |
Apollo SK Strategic Advisors, LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President |
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APOLLO SK STRATEGIC MANAGEMENT, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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APOLLO ZEUS STRATEGIC INVESTMENTS, L.P. | |||
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By: |
Apollo Zeus Strategic Advisors, L.P., | ||
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its general partner | ||
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By: |
Apollo Zeus Strategic Advisors, LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO ZEUS STRATEGIC MANAGEMENT, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President | ||
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APOLLO CAPITAL MANAGEMENT, L.P. | |||
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By: |
Apollo Capital Management GP, LLC, | ||
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its general partner | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President | |
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APOLLO CAPITAL MANAGEMENT GP, LLC | |||
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By: |
/s/ Joseph D. Glatt | ||
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Joseph D. Glatt | ||
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Vice President |
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APOLLO MANAGEMENT HOLDINGS, L.P. | ||
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By: |
Apollo Management Holdings GP, LLC, | |
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its general partner | |
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By: |
/s/ Joseph D. Glatt |
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Joseph D. Glatt |
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Vice President |
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APOLLO MANAGEMENT HOLDINGS GP, LLC | ||
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By: |
/s/ Joseph D. Glatt | |
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Joseph D. Glatt | |
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Vice President |