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Athene Holding Ltd. Depositary Stock Price, News & Analysis

ATH-PA NYSE

Welcome to our dedicated page for Athene Holding Ltd. Depositary news (Ticker: ATH-PA), a resource for investors and traders seeking the latest updates and insights on Athene Holding Ltd. Depositary stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Athene Holding Ltd. Depositary 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Athene Holding Ltd. Depositary 's position in the market.

Rhea-AI Summary

Athene Holding Ltd. announced the results of its tender offers for cash concerning two series of senior secured medium-term notes. The Series 2022-6 Offer targeted $500 million of 3.205% notes due 2027, with $260.1 million validly tendered. The Series 2020-5 Offer targeted $650 million of 2.450% notes due 2027, with $238.1 million validly tendered. Both offers expired on September 12, 2022, with settlements expected on September 13, 2022. The offers mark a significant development in Athene's funding strategy, aimed at enhancing financial flexibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
none
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Rhea-AI Summary

Athene Holding Ltd. has set pricing terms for cash offers to purchase two series of senior secured medium term notes. The Series 2022-6 Offer targets $500 million of 3.205% notes due March 2027, while the Series 2020-5 Offer focuses on $650 million of 2.450% notes due August 2027. The offers, which expire at 5:00 p.m. on September 12, 2022, are part of Athene's strategy to manage its financial liabilities. Investors can expect accrued interest on accepted notes. Deutsche Bank and Morgan Stanley are managing the offers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
-
Rhea-AI Summary

Athene Holding Ltd. announced the commencement of two separate offers to purchase senior secured medium term notes. The Series 2022-6 Offer aims to acquire $500 million of 3.205% notes due 2027, while the Series 2020-5 Offer targets $650 million of 2.450% notes, also due 2027. This initiative reflects Athene's strong credit metrics and recent upgrades in credit ratings from Fitch to A+ and Moody's A1. The offers will expire on September 12, 2022, with settlement anticipated on September 13, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
none

FAQ

What is the market cap of Athene Holding Ltd. Depositary (ATH-PA)?

The market cap of Athene Holding Ltd. Depositary (ATH-PA) is approximately 6.9B.
Athene Holding Ltd. Depositary

NYSE:ATH-PA

ATH-PA Rankings

ATH-PA Stock Data

6.93B
8.53%
Insurance—Diversified
Financial Services
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Bermuda
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