trending Market Intelligence /marketintelligence/en/news-insights/trending/Rcp4VjkVsYbElRub52vHOQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Axa Equitable announces pricing of secondary common share offering

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Axa Equitable announces pricing of secondary common share offering

Axa Equitable Holdings Inc. announced that the secondary public offering of 40 million of its common shares by Axa was priced at $20.50 per share.

The underwriters were given an option to purchase up to an additional 6 million common shares. The offering is expected to close March 25.

Axa Equitable will not receive any proceeds from the sale of shares. In connection with the offering, the company expects to buy back 30 million of its common shares from Axa. The purchase price will be equal to the per-share purchase price paid by the underwriters in the secondary offering, corresponding to an aggregate of approximately $600 million.

J.P. Morgan, Morgan Stanley and Citigroup are serving as joint lead book-running managers and underwriters for the offering. Barclays, BNP Paribas, Credit Agricole CIB, Deutsche Bank Securities, Goldman Sachs & Co. LLC, HSBC, Natixis, Société Générale, Credit Suisse, ING and UniCredit Capital Markets acted as joint book-running managers and underwriters.