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WEST DES MOINES, Iowa, February 29, 2024 (Globe Newswire) — Athene Holding Limited (“Athene”) today sells $500 million aggregate principal amount of fixed rate reset subordinated notes due 2064. announced that they had agreed. It also gives the underwriters a 30-day option to purchase up to an additional $75 million in aggregate principal amount of the Notes solely to cover over-allotments. The offering is expected to close on March 7, 2024, subject to the satisfaction of customary closing conditions. Athene plans to list its bonds on the New York Stock Exchange under the ticker symbol “ATHS.”
Athens will use the net proceeds from the offering (including the net proceeds from the exercise of the underwriters’ overallotment option to purchase additional notes) for general purposes, including capital contributions to its insurance subsidiary to support organic growth. It is planned to be used for corporate purposes.
Wells Fargo Securities, BofA Securities, JPMorgan and Morgan Stanley are acting as joint bookkeepers for the offering. Apollo Global Securities, LLC, Barclays Capital, Inc., Goldman Sachs & Company, LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., and Bancroft Capital, LLC are making this offering. Serves as co-lead manager.
The Notes are being offered pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”). This press release shall not constitute an offer to sell or the solicitation of an offer to buy and shall not constitute an offer to sell or the solicitation of an offer to buy in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities. There will be no sale of securities. the laws of any such state or jurisdiction; Any offer or solicitation to purchase, if any, will be made only by means of a prospectus and related prospectus supplement filed with the SEC. These documents are available free of charge from the SEC. www.sec.gov. Alternatively, call Wells Fargo Securities, LLC toll-free (800) 645-3751, BofA Securities, Inc. toll-free (800) 294-1322, JP Morgan Securities LLC (212) 834-4533 or Morgan Stanley & Co. LLC toll-free ( Please call us at (866) 718-1649.
About Athens
Athene is a leading retirement services company with total assets of $300 billion as of December 31, 2023, and operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products, and also serves as a solutions provider to businesses.
Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and includes certain oral statements made from time to time by representatives of Athens. may occur. Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks, uncertainties and assumptions that may cause actual results, events or developments to differ materially from those stated in or implied by such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s subsidiaries. Forward-looking statements generally include statements about actions, events, results, strategies and expectations and often include statements about actions, events, results, strategies and expectations that we believe, expect, intend or anticipate. “is planning”, “seeks”, “estimates”, “project”, “may”, “will”, “could”, “could” , “shall”, “continue”, or similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding future growth prospects and financial performance. Although Athene’s management believes that the expectations reflected in these forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. For additional risks and uncertainties related to Athene’s forward-looking statements, please refer to the SEC’s Annual Report on Form 10-K for the year ended December 31, 2023, available at www.sec.gov. please refer to. All forward-looking statements contained herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Athene undertakes no obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events or changes in future performance.
contact:
media contact
jeanne hess
Vice President of External Relations
+1 646 768 7319
jeanne.hess@athene.com
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