Athene Holding announces pricing of senior notes
In an inaugural bond holding, Athene Holding Ltd. has priced $1 billion aggregate principal of its 4.125 percent Senior Notes which are due in 2028.
This bond offer closed on January 12, 2018. The net proceeds from the offering will be used for general corporate purposes.
Athene recently announced a reinsurance agreement with Voya Financial recently in order to replenish excess capital in a low rate environment.
Barclays and Goldman Sachs & Co. LLC are operating as joint book-running managers for this offer with notes being available with an effective shelf registration statement which was already filed with the Securities and Exchange Commission.
Athene is a leading retirement services company specializing in reinsurance and acquisition of retirement savings products.