By Cristal Cody
Chicago, June 2 – Athene Global Funding sold an upsized $500 million offering of 2.673% 10-year notes on Wednesday, according to a market source.
The notes priced with a spread of Treasuries plus 108 basis points, low to talk in the Treasuries plus 130 bps area.
The offering was announced with a $400 million size.
Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are the bookrunners.
Athene Global Funding is a financing arm of Pembroke, Bermuda-based retirement services company Athene Holding Ltd.
| Issuer: | Athene Global Funding
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| Issue: | Notes
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| Amount: | $500 million
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| Maturity: | June 7, 2031
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| Bookrunners: | Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC
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| Coupon: | 2.673%
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| Spread: | Treasuries plus 108 bps
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| Trade date: | June 2
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| Price talk: | Treasuries plus 130 bps area
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