Athene Holding (ATH) Launches 23.75M Share Common Stock IPO; Sees Pricing Range of $38 - $42/Share

November 28, 2016 6:36 AM EST

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Athene Holding Ltd. (NYSE: ATH) announced the launch of an initial public offering (“IPO”) of its Class A common shares. All of the 23,750,000 Class A common shares to be sold in the IPO are being sold by certain shareholders of Athene, and Athene will not receive any proceeds from the IPO. The IPO price per share is currently expected to be between $38.00 and $42.00. The underwriters may also exercise a 30-day option to purchase up to an additional 3,562,500 Class A common shares from certain of the Athene selling shareholders at the IPO price, less the underwriting discount.

Athene has applied to list its Class A common shares on the New York Stock Exchange under the symbol “ATH.”

Goldman, Sachs & Co., Barclays, Citigroup and Wells Fargo Securities are acting as joint bookrunners of the offering and representatives of the underwriters. Additionally, BofA Merrill Lynch, BMO Capital Markets, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley, RBC Capital Markets, BNP PARIBAS, BTIG, Evercore ISI, SunTrust Robinson Humphrey and UBS Investment Bank are acting as bookrunners of the offering. Dowling & Partners Securities LLC, Keefe, Bruyette & Woods, A Stifel Company, Lazard, Rothschild, Sandler O’Neill + Partners, L.P. and The Williams Capital Group, L.P. are acting as co-managers of the offering.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained from Goldman, Sachs & Co. at: Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282; telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com; Barclays Capital Inc. at: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; telephone: 888-603-5847 or by emailing: Barclaysprospectus@broadridge.com; Citigroup Global Markets Inc. at: Citigroup Global Markets Inc. c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone: 800-831-9146; or Wells Fargo Securities, LLC at: Wells Fargo Securities, LLC, Attn: Equity Syndicate, 375 Park Avenue, 4th Floor, New York, New York 10152,; telephone: 800-326-5897 or by e-mailing cmclientsupport@wellsfargo.com.



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