WEST DES MOINES, Iowa, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. ('Athene”) today announced it has agreed to sell $600 million aggregate principal amount of 6.625% fixed-rate reset junior subordinated debentures due 2054. The offering is expected to close on October 10, 2024, subject to satisfaction of customary closing conditions.

Athene intends to use the net proceeds from the offering for general corporate purposes, which may include the future redemption or repurchase of its $600,000,000 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Series C Preferred Stock. This press release does not constitute a notice of redemption with respect to, or an offer to purchase, any securities.