Welcome to our dedicated page for Athene Hldg news (Ticker: ATH), a resource for investors and traders seeking the latest updates and insights on Athene Hldg stock.
Athene Holding Ltd. (ATH) is a leading provider of retirement services, offering innovative solutions for retirement income and savings products across global markets. This page serves as the definitive source for official announcements, financial updates, and strategic developments impacting the company's trajectory.
Investors and industry observers will find timely access to earnings reports, product launches, leadership updates, and regulatory filings. Our curated news collection enables informed analysis of Athene's market position in the retirement services sector, including its corporate solutions and risk management practices.
Key updates include developments in annuity product offerings, strategic partnerships, and financial performance metrics. Bookmark this page to monitor how Athene's global operations and asset management strategies evolve in response to demographic trends and regulatory changes.
Athene Holding has announced the pricing of $600 million in 6.625% fixed-rate reset junior subordinated debentures due 2054. The offering is expected to close on October 10, 2024, subject to customary conditions. Athene plans to use the net proceeds for general corporate purposes, which may include the future redemption or repurchase of its $600 million 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Series C Preferred Stock.
The debentures are being offered through a shelf registration statement filed with the SEC. Wells Fargo Securities, BofA Securities, Goldman Sachs & Co. , and Morgan Stanley are acting as joint book-running managers, with several other firms serving as co-managers for the offering.
Athene Holding has declared preferred stock dividends for the third quarter of 2024, payable on September 30, 2024, to holders of record as of September 15, 2024. The dividends are for five series of non-cumulative preferred stock:
- Series A: $396.875 per share (6.35% Fixed-to-Floating Rate)
- Series B: $351.5625 per share (5.625% Fixed-Rate)
- Series C: $398.4375 per share (6.375% Fixed-Rate Reset)
- Series D: $304.6875 per share (4.875% Fixed-Rate)
- Series E: $484.375 per share (7.750% Fixed-Rate Reset)
Depositary shares for each series are listed on the NYSE under ticker symbols ATHPrA, ATHPrB, ATHPrC, ATHPrD, and ATHPrE respectively.
Athene Holding , a leading retirement services company and subsidiary of Apollo Global Management, announced a Fixed Income Investor conference call on August 8, 2024, at 10:00 AM ET. The call will feature senior management discussing current business trends, new business origination, investment portfolio, and capital.
Athene will provide an accompanying presentation and live webcast, which will be accessible via the Investor Relations section of their website at ir.athene.com. A webcast replay will also be available. Dial-in for the call is toll-free at 877-404-1236 (domestic) or +1 215-268-9888 (international).
John Hedlund, a mortgage industry veteran and operations leader, has joined FundingShield's advisory board. He brings extensive experience from AmeriHome Mortgage and Adanac Advisory Group, contributing to FundingShield's growth in areas like cyber security and fraud prevention. With a strong background in financial services and leadership roles at top institutions, John's addition to the board is expected to drive innovation and revenue growth for FundingShield.
