Aegon readies senior bond sale ahead of capital injection
Aegon has picked ABN Amro and JP Morgan to arrange the sale of a €500m one year senior bond, a deal which has been designed to help the Dutch insurance firm funnel capital into one of its weakest subsidiaries.
Aegon is selling the one year senior bond as a part of its plan to divert excess capital from its holding company to Aegon Netherlands, which reported a low Solvency II ratio of 144% at the end of the second quarter.
The insurance firm expects to be
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.