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Published on 11/12/2014 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

American Equity to redeem all $32.14 million of 5.25% convertibles

By Tali Rackner

Norfolk, Va., Nov. 12 – American Equity Investment Life Holding Co. called all $32,142,000 of its 5.25% contingent convertible senior notes due Dec. 6, 2029, according to a notice.

The notes will be redeemed at par plus accrued interest on Dec. 15.

U.S. Bank NA is the trustee or agent.

American Equity is a West Des Moines, Iowa-based insurance company.


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