debt
confidence high
sentiment neutral
materiality 0.60
Athene issues $600M in 6.625% subordinated debentures due 2054; Q3 call Nov 5
Athene Holding Ltd.
- Issued $600M of 6.625% Fixed-Rate Reset Junior Subordinated Debentures due 2054.
- Initial fixed rate 6.625% to Oct 15, 2034, then resets at 5yr UST + 2.607% every 5 years.
- Interest payable semi-annually Apr 15 and Oct 15, first payment Apr 15, 2025.
- Apollo to discuss Athene's Q3 results on Nov 5, 2024 conference call at 8:30 AM ET.