Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Aegon NV > News item |
Aegon to price 30-year fixed-to-floating notes via five bookrunners
By Devika Patel
Knoxville, Tenn., April 3 – Aegon NV intends to price an offering of fixed-to-floating rate subordinated notes due 2048, according to a 424B3 filed with the Securities and Exchange Commission.
Interest will accrue at a fixed rate for the first 10 years and at a rate based on six-month Libor after 2028.
The notes are non-callable for the first 10 years and then are callable at par.
J.P. Morgan Securities LLC, BofA Merrill Lynch, Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are the bookrunners.
Proceeds will be used for general corporate purposes, including refinancing securities.
The international life insurance, pensions and asset management company is based in The Hague.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.