1 April 2020News

Athene prepares $500m bond issue

Athene Holding will sell $500 million of 6.150 percent senior unsecured notes, due 2030, in an offering that is expected to close on April 3.

Athene will use the net proceeds for general corporate purposes, including support of investment opportunities, organic and inorganic growth and its commitment to Athene Co-Invest Reinsurance Affiliate (ACRA).

The Notes are being offered pursuant to an effective shelf registration statement that has previously been filed with the Securities and Exchange Commission (SEC). The transaction is subject to satisfaction of customary closing conditions.

Barclays, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as active joint book-running managers for the offering.




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17 April 2020   Athene Life Re and its parent company Athene Holding have partnered with Athora Holding, Aspen Insurance Holdings and Catalina Holdings, to acquire eight life-assisting ventilators for the Bermuda Hospitals Board (BHB).
News
11 May 2020   Athene Holding reported a net loss of $1.1 billion for Q1 2020, compared to net profit of $708 million for the same period in 2019, which it said was primarily driven by a decline in the fair value of its reinsurance assets due to widening credit spread.
Operations
13 May 2020   Athene Holding has appointed Doug Niemann as executive vice president and chief risk officer at Athene.

More on this story

News
17 April 2020   Athene Life Re and its parent company Athene Holding have partnered with Athora Holding, Aspen Insurance Holdings and Catalina Holdings, to acquire eight life-assisting ventilators for the Bermuda Hospitals Board (BHB).
News
11 May 2020   Athene Holding reported a net loss of $1.1 billion for Q1 2020, compared to net profit of $708 million for the same period in 2019, which it said was primarily driven by a decline in the fair value of its reinsurance assets due to widening credit spread.
Operations
13 May 2020   Athene Holding has appointed Doug Niemann as executive vice president and chief risk officer at Athene.