By Andrea Heisinger
Omaha, Sept. 14 - Aegon NV priced $1 billion of 7.25% perpetual capital securities Friday, according to an informed source.
The securities (A3/A+) have a price of $25 each.
Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co., Inc. and Wachovia Capital Securities LLC were bookrunners.
Proceeds will be used for general corporate purposes.
The insurance and investment products provider is based in The Hague, The Netherlands.
| Issuer: | Aegon NV
|
| Issue: | Perpetual capital securities
|
| Amount: | $1 billion
|
| Bookrunners: | Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co., Inc., Wachovia Capital Securities LLC
|
| Coupon: | 7.25%
|
| Price: | $25 per security
|
| Trade date: | Sept. 14
|
| Settlement date: | Sept. 21
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A+
|
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