Aegon Ltd. announced tender offers for five series of subordinated notes totaling approximately EUR 2.5 billion equivalent to manage its liability structure and financial leverage.
Key takeaways
Tender offers launched for five series of perpetual subordinated notes with aggregate outstanding principal of EUR 520.8M, USD 500M, and NLG 1B.
Purchase prices range from 75.00% to 89.625% of principal, payable in respective currencies.
Offers expire 17:00 CEST on May 7, 2026, with results announced May 8 and settlement expected May 11, 2026.
One series (EUR Perpetual Capital Securities) has a final acceptance amount to be announced May 8.
Purpose stated as managing outstanding liability structure and financial leverage.