Aegon N.V. priced USD 500 million of 5.625% senior unsecured notes due 2036 to fund repurchase of certain unregistered subordinated notes via tender offer to non-US holders.
Key takeaways
Priced USD 500 million senior unsecured notes at 5.625% fixed coupon, 10-year tenor maturing May 7, 2036.
Issued by Aegon Funding Company LLC, guaranteed by Aegon Ltd.
Net proceeds primarily for repurchasing certain series of unregistered subordinated notes in concurrent tender offer to eligible non-US holders.
Remaining proceeds for general corporate purposes.
Expected settlement May 7, 2026, with NYSE listing application.