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Athene Prices $600 Million Junior Subordinated Debentures Offering
WEST DES MOINES, Iowa, June 24, 2025 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) today announced it has agreed to sell $600 million aggregate principal amount of 6.875% fixed-rate reset junior subordinated debentures due June 28, 2055. The offering is expected to close on June 27, 2025, subject to satisfaction of customary closing conditions. Athene intends to use the net proceeds from the offering for general corporate purposes, including capital contributions to its insurance subsidiari
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[{"type":"image","alt":"Athene Holding Ltd.","displaySize":"","headline":null,"caption":"Athene Holding Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":137,"url":"https://media.zenfs.com/en/globenewswire.com/08c80ecbc42d8600ff49b3a144353b93"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mbYoDc9pspKEoerk4yTIeg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE5MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/08c80ecbc42d8600ff49b3a144353b93","width":300,"height":137}},"lazy":false},{"type":"text","content":"WEST DES MOINES, Iowa, June 24, 2025 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) today announced it has agreed to sell $600 million aggregate principal amount of 6.875% fixed-rate reset junior subordinated debentures due June 28, 2055. The offering is expected to close on June 27, 2025, subject to satisfaction of customary closing conditions.","length":351,"tagName":"p"},{"type":"text","content":"Athene intends to use the net proceeds from the offering for general corporate purposes, including capital contributions to its insurance subsidiaries to support organic growth.","length":177,"tagName":"p"},{"type":"text","content":"BofA Securities, Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering. Apollo Global Securities, Barclays, Blaylock Van, LLC, BNP PARIBAS, Citigroup, R. Seelaus & Co., LLC and SMBC Nikko are acting as co-managers for the offering.","length":305,"tagName":"p"},{"type":"text","content":"The debentures are being offered pursuant to an effective shelf registration statement that has previously been filed with the Securities and Exchange Commission (the “SEC”). This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of 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 jurisdiction. Any offer, or solicitation to buy, if at all, will be made solely by means of a prospectus and related prospectus supplement filed with the SEC. You may obtain these documents without charge from the SEC at www.sec.gov. Alternatively, you may request copies of these materials from the joint book-running managers by contacting BofA Securit...