Fitch rates Aegon

Fitch Ratings said it assigned Aegon NV's issue of $1 billion perpetual junior capital securities a rating of A+, in line with the insurer's existing capital securities.

The structure, terms and conditions are similar to the capital securities previously issued in 2004, 2005 and 2006, Fitch said.

The new issue will have no impact on gross leverage in the medium-term as proceeds will be used to refinance other debt, the agency said.

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