Athene Holding LTD 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A
By: Tim McPartland,
Date Issued 6/5/2019
Shares Issued 30,000,000 Overallotment Shares 4,500,000
S&P Rating NR Moodys Rating NR
Advertisement.
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
Advertisement.
Click here to find the offering Prospectus and Final Pricing Document
Advertisement.
Related Posts:
Tim McPartland
Connect with 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.
