ATH - Athene Prices $1000000000 Investment Grade Senior Notes Offering | Benzinga
WEST DES MOINES, Iowa, March 19, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. ("Athene") today announced it has agreed to sell $1,000,000,000 aggregate principal amount of 6.25% senior notes due 2054. The offering is expected to close on March 22, 2024, 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 subsidiaries to support organic growth.
Deutsche Bank Securities, Goldman Sachs & Co. LLC, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for the offering. Apollo Global Securities, Barclays, BNP PARIBAS, BMO Capital Markets and Blaylock Van, LLC are acting as joint lead managers for the offering.
The notes 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 ...