---
schema_version: "secwatch.filing_event.v1"
accession: "0001527469-23-000043"
form_type: "8-K"
ticker: "ATH-PA"
cik: "0001527469"
company_name: "Athene Holding Ltd."
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:40:11.275370+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Athene establishes ACRA 2 capital vehicle with $640M interest sale to ADIP II; new credit facilities of $1.25B and $2.6B

## Summary
- ALRe sold 50% non-voting economic interest in ACRA 2 to Apollo/Athene Dedicated Investment Program II for ~$640M.
- ACRA 2 has $6.5B reserve liabilities as of March 2023; will participate in new inorganic and annuity transactions.
- Citi revolving credit facility of $1.25B (expandable to $1.75B) matures June 30, 2028, replacing prior facility.
- Wells 364-day revolver of $2.6B (expandable to $3.1B) for liquidity and working capital, replacing July 2022 facility.
- Fifteenth Amended and Restated Bye-laws adopted effective July 1, 2023, to reflect ACRA 2 definitional changes.

## SEC filing metadata
- accession: 0001527469-23-000043
- form_type: 8-K
- ticker: ATH-PA
- cik: 0001527469
- company_name: Athene Holding Ltd.
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000043/0001527469-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000043/ahl-20230630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527469-23-000043
- JSON: https://secwatch.observer/filing/0001527469-23-000043.json
- Plain text: https://secwatch.observer/filing/0001527469-23-000043.txt

## Key facts
- Governance Changes
  Athene Holding Ltd.: Adopted Fifteenth Amended and Restated Bye-laws to reflect definitional changes related to the ACRA 2 Framework Agreement (effective 2023-07-01).
  - Change: bylaw amendment
  - Effective: 2023-07-01
  source text: the Company amended and restated its bye-laws by adopting the Fifteenth Amended and Restated Bye-laws of the Company (the “Fifteenth Amended and Restated Bye-laws”), effective as of July 1, 2023, to reflect definitional changes required in connection with the entrance by the Company and its subsidiaries, as applicable, into the ACRA 2 Framework Agreement and related transaction documents.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527469/000152746923000043/0001527469-23-000043-index.htm

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