ATH-C Athene Holding Ltd. ADRs of 6.375% Fixed-Rate Reset Non-Cumulative Preferred, Series C
Any dividends will be payable from the date of original issuance on a non-cumulative basis, quarterly in arrears on the 30th day of March, June, September and December of each year, beginning on September 30, 2020, at a rate equal to 6.375% of the liquidation preference per annum up to but excluding September 30, 2025. Beginning on September 30, 2025, any such dividends will be payable on a non-cumulative basis, only when, as and if declared by our Board of Directors or a duly authorized committee thereof, during each reset period, at a rate per annum equal to the Five-year U.S. Treasury Rate as of the most recent reset dividend determination date (as described elsewhere in this prospectus supplement) plus 5.97% of the liquidation preference per annum. We may redeem the shares at our option, in whole or in part, from time to time, during any par call period, at a redemption price equal to $25.00 per depositary share, plus the amount of declared and unpaid dividends, if any, without interest on such unpaid dividends. “Par call period” means the period from and including June 30 of each year in which there is a reset date (which is three months prior to the reset date in such year) to and including such reset date. This security was issued by , whose common stock symbol is ATH.
$21.81 +0.27 (1.25%)
As of 03/27/2023 11:00:24 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Financials
Industry: Insurance—Diversified
Index country: USA
Country of incorporation: USA
IPO date: 06/16/2020
Outstanding shares: 24,000,000
Average volume: 50,856
Market cap: $525,840,000
Current dividend yield: 7.27% calculation
Initial coupon rate: 6.375%
Cumulative: No
Liquidation value: $25.00
Callable after: 09/30/2025
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: BMG0ZK2