---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-154072"
form_type: "8-K"
ticker: "ATH-PA"
cik: "0001527469"
company_name: "Athene Holding Ltd."
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T09:57:03.178707+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Athene estimates Q2 alt NII at $305M; issues $600M debentures

## Summary
- Preliminary Q2 2025 alternative net investment income ~$305M pre-tax, ~10% annualized return.
- Issued $600M 6.875% Fixed-Rate Reset Junior Subordinated Debentures due 2055.
- New $2.6B revolving credit facility replaces prior 364-day facility; matures June 2026.
- Completed redemption of Series C Preferred Stock (6.375% Fixed-Rate Reset) and filed Certificate of Elimination.

## SEC filing metadata
- accession: 0001193125-25-154072
- form_type: 8-K
- ticker: ATH-PA
- cik: 0001527469
- company_name: Athene Holding Ltd.
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.02, 7.01, 2.03, 8.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527469/000119312525154072/0001193125-25-154072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527469/000119312525154072/d948326d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-154072
- JSON: https://secwatch.observer/filing/0001193125-25-154072.json
- Plain text: https://secwatch.observer/filing/0001193125-25-154072.txt

## Key facts
- Debt Financings
  Athene Holding Ltd. incurred credit facility of up to $2.60 billion, subject to being increased to up to $3.10 billion with Wells Fargo Bank, National Association at Term SOFR plus a margin determined on a sliding scale from 1.000% to 1.250% base maturing June 26, 2026.
  - Instrument: credit facility
  - Principal: up to $2.60 billion, subject to being increased to up to $3.10 billion
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: Term SOFR plus a margin determined on a sliding scale from 1.000% to 1.250% base
  - Maturity: June 26, 2026
  - Event: incurrence
  source text: which replaces the 364-Day Credit Agreement among the Company, ALRe and the Administrative Agent dated June 28, 2024. The Credit Agreement allows for borrowings of up to $2.60 billion, subject to being increased to up to $3.10 billion on the terms described in the Credit Agreement, on a revolving basis. The Credit Agreement is being entered into to facilitate
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000119312525154072/0001193125-25-154072-index.htm
- Governance Changes
  Athene Holding Ltd.: Company filed a Certificate of Elimination to cancel the Series C Preferred Stock and remove its related provisions from the Certificate of Incorporation, effective upon filing (effective 2025-06-30).
  - Change: charter amendment
  - Effective: 2025-06-30
  source text: On June 30, 2025, the Company filed a Certificate of Elimination with the Secretary of State of the State of Delaware with respect to the Company’s 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series C (the “Series C Preferred Stock”), which, effective upon filing, eliminated from the Company’s Certificate of Incorporation all matters set forth in the Certificate of Designations for the Series C Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000119312525154072/0001193125-25-154072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.