secwatch.observer — SEC 8-K summary
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Issuer:     Athene Holding Ltd. (ATH-PA)
CIK:        0001527469
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001193125-22-302886
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Athene Holding completes $500M preferred share offering at 7.750% fixed rate
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- Issued 20M depositary shares representing 7.750% Fixed-Rate Reset Perpetual Non-Cumulative Preference Shares, Series E.
- Liquidation preference of $25,000 per preference share ($25 per depositary share); dividends non-cumulative.
- Dividends at 7.750% annually until Dec 30, 2027, then reset to 5-Year U.S. Treasury Rate plus 3.962%.
- New Series E ranks senior to common shares and pari passu with existing Series A, B, C, and D preferred.
- Offering closed on Dec 12, 2022; underwriters included Wells Fargo, BofA, Morgan Stanley, and RBC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527469/000119312522302886/0001193125-22-302886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527469/000119312522302886/d477716d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-302886

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