Athene Holding Ltd. Files 8-K on Financial Obligations
Ticker: ATH-PE · Form: 8-K · Filed: Oct 10, 2024 · CIK: 1527469
| Field | Detail |
|---|---|
| Company | Athene Holding Ltd. (ATH-PE) |
| Form Type | 8-K |
| Filed Date | Oct 10, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $600,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, preferred-stock, filing
TL;DR
ATHENE filed an 8-K detailing preferred stock and debt obligations. Looks like standard financial housekeeping.
AI Summary
On October 10, 2024, Athene Holding Ltd. filed an 8-K report detailing several financial obligations and events. The filing specifically mentions various series of preferred stock (Series A, B, C, D, E) and junior subordinated debt, indicating ongoing financial activities and commitments for the company.
Why It Matters
This filing provides insight into Athene Holding Ltd.'s financial structure and ongoing debt and equity commitments, which are crucial for investors to assess the company's financial health and risk profile.
Risk Assessment
Risk Level: low — The filing appears to be a routine disclosure of existing financial obligations rather than a significant new event or negative development.
Key Players & Entities
- Athene Holding Ltd. (company) — Filer of the 8-K report
- Series A Preferred Stock (dollar_amount) — Mentioned financial instrument
- Series B Preferred Stock (dollar_amount) — Mentioned financial instrument
- Series C Preferred Stock (dollar_amount) — Mentioned financial instrument
- Series D Preferred Stock (dollar_amount) — Mentioned financial instrument
- Series E Preferred Stock (dollar_amount) — Mentioned financial instrument
- Junior Subordinated Debt (dollar_amount) — Mentioned financial instrument
FAQ
What specific financial obligations are detailed in the 8-K filing by Athene Holding Ltd.?
The filing details obligations related to Depositary Shares representing interests in 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A, as well as Series B, C, D, and E Preferred Stock, and Junior Subordinated Debt.
What is the filing date of this 8-K report for Athene Holding Ltd.?
The 8-K report was filed on October 10, 2024.
What is the SIC code for Athene Holding Ltd.?
The Standard Industrial Classification (SIC) code for Athene Holding Ltd. is 6311, which corresponds to LIFE INSURANCE.
What is the business address and phone number listed for Athene Holding Ltd.?
The business address is 7700 MILLS CIVIC PARKWAY, WEST DES MOINES, IA 50266, and the business phone number is 515-342-4678.
What specific items are being reported under the 8-K filing?
The filing indicates information regarding the Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement, Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits.
Filing Stats: 1,235 words · 5 min read · ~4 pages · Grade level 10.1 · Accepted 2024-10-10 16:19:03
Key Financial Figures
- $600,000,000 — the issuance and sale by the Company of $600,000,000 aggregate principal amount of its 6.625
Filing Documents
- d852135d8k.htm (8-K) — 42KB
- d852135dex11.htm (EX-1.1) — 168KB
- d852135dex42.htm (EX-4.2) — 127KB
- d852135dex51.htm (EX-5.1) — 10KB
- g852135g1010082339935.jpg (GRAPHIC) — 2KB
- g852135g1010120009051.jpg (GRAPHIC) — 3KB
- 0001193125-24-235926.txt ( ) — 615KB
- ahl-20241010.xsd (EX-101.SCH) — 4KB
- ahl-20241010_def.xml (EX-101.DEF) — 15KB
- ahl-20241010_lab.xml (EX-101.LAB) — 25KB
- ahl-20241010_pre.xml (EX-101.PRE) — 16KB
- d852135d8k_htm.xml (XML) — 11KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated October 7, 2024, by and among Athene Holding Ltd. and Wells Fargo Securities, LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein. 4.1 Indenture for Subordinated Debt Securities, dated March 7, 2024, by and between Athene Holding Ltd. and U.S. Bank Trust Company, National Association, as trustee (incorporated by reference to Exhibit 4.1 to the Form 8-K filed on March 7, 2024). 4.2 Second Supplemental Indenture, dated October 10, 2024, by and between Athene Holding Ltd. and U.S. Bank Trust Company, National Association, as trustee. 4.3 Form of 6.625% Junior Subordinated Debentures due 2054 (included in Exhibit 4.2). 5.1 Opinion of Sidley Austin LLP. 23.1 Consent of Sidley Austin LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ATHENE HOLDING LTD. Date: October 10, 2024 By: /s/ Martin P. Klein Martin P. Klein Executive Vice President and Chief Financial Officer