Apollo to Sell Coinstar to Alaska Buyer, Bonds Set to Be Repaid

Coinstar LLC, the coin-exchange and cryptocurrency business owned by Apollo Global Management Inc., plans to repay bondholders next month as part of its surprise sale to a company that oversees investments for natives of Alaska’s far north, according to people familiar with the matter.

The planned sale to Arctic Slope Regional Corp., created in 1972 as part of a US government settlement with the state’s indigenous residents, hasn’t been previously disclosed.

As part of the acquisition ASRC will repay more than $750 million of principal plus all interest in early January, according to a notice posted privately ...