Athene Holding LTD 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A

By: ,

Date Issued 6/5/2019

Shares Issued 30,000,000 Overallotment Shares 4,500,000

S&P Rating NR  Moodys Rating   NR


Security Ticker Symbol   ATH-A   OTC Temp Ticker ATHDF

Market Traded On   NYSE

Dividend Payment Paid on the 30th of March, June, September and December  beginning 9/30/2019

Quarterly Dividend   .397  Annual Dividend   1.588

On 6/30/2029 the Coupon Rate Floats.  The rate will be 3 month libor plus a spread of 4.253%


Securities may be redeemed, at the issuers option, as early as 06/30/2029 for a redemption price of $25/share plus accrued dividends

Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None


Click here to find the offering Prospectus and Final Pricing Document

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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