Athene announces share offering

28-03-2017

Athene has announced the launch of an underwritten offering of its class A common shares.

The Bermuda-based company said that all of the 25 million class A common shares to be sold in the offering are being sold by various shareholders of Athene, and that the company will not receive any proceeds from the offering.

The underwriters may also exercise a 30-day option to purchase up to an additional 3.75 million class A common shares from certain of the Athene selling shareholders at the offering price, less the underwriting discount.

Goldman, Sachs & Co., Barclays, Citigroup and Wells Fargo Securities are acting as joint book runners of the offering and representatives of the underwriters. Additionally, BofA Merrill Lynch, BMO Capital Markets, Credit Suisse, Deutsche Bank Securities, JP Morgan, Morgan Stanley, RBC Capital Markets, Evercore ISI, Keefe, Bruyette & Woods, A Stifel Company, Sandler O’Neill + Partners, SunTrust Robinson Humphrey and UBS Investment Bank are acting as book runners of the offering.

Athene, Shares, Bermuda

Bermuda Re