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Athene Holding files for depositary share offering

Athene Holding Ltd. has filed a prospectus supplement related to an offering of its depositary shares, each representing a fractional interest in a share of fixed-rate perpetual noncumulative series B preference shares.

Proceeds from the offering will be used for general corporate purposes, including supporting organic and inorganic growth, and its commitment to Athene Co-Invest Reinsurance Affiliate.

Wells Fargo Securities, Bank of America Merrill Lynch, UBS Investment Bank and RBC Capital Markets will be the joint book-running managers.