By Cristal Cody
Tupelo, Miss., Jan. 10 – Athene Global Funding priced $625 million of 2.5% senior secured notes due Jan. 14, 2025 (A/A) on Thursday at a Treasuries plus 90 basis points spread, according to an informed source.
The notes were initially talked to price with a spread in the Treasuries plus 105 bps area.
Bookrunners were BofA Securities, Inc., Citigroup Global Markets Inc. and RBC Capital Markets, LLC.
Athene Global Funding is a financing arm of retirement services company Pembroke, Bermuda-based Athene Holding Ltd.
| Issuer: | Athene Global Funding
|
| Amount: | $625 million
|
| Description: | Senior secured notes
|
| Maturity: | Jan. 14, 2025
|
| Bookrunners: | BofA Securities, Inc., Citigroup Global Markets Inc. and RBC Capital Markets, LLC
|
| Coupon: | 2.5%
|
| Spread: | Treasuries plus 90 bps
|
| Trade date: | Jan. 9
|
| Ratings: | S&P: A
|
| Fitch: A
|
| Price talk: | Treasuries plus 105 bps area
|
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