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AXA Equitable preps two-tranche offering of dollar-denominated notes
By Cristal Cody
Tupelo, Miss., March 29 – AXA Equitable Holdings, Inc. (Baa2/BBB+) plans to price new dollar-denominated senior notes in two tranches in a Rule 144A transaction, according to a market source on Friday.
The deal includes 10- and 30-year notes.
AXA will hold fixed income investor calls on Monday.
Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are the bookrunners.
AXA Equitable Holdings is a New York-based insurance holding company and subsidiary of Paris-based AXA SA.
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