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Published on 11/15/2005 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

American Equity Investment files $500 million shelf

By Ted A. Knutson

Washington, Nov. 15 - American Equity Investment Life Holding Co. filed a $500 million shelf in an S-3 registration with the Securities and Exchange Commission.

The shelf includes common and preferred stock, depositary shares, stock purchase contracts and units, debt securities, trust preferred securities and warrants. Securities may be issued in the form of convertibles.

The West Des Moines, Iowa-based insurance company said offerings authorized by the shelf would be used for general corporate purposes.


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