Aegon calls EUR 200 million of perpetual capital securities
THE HAGUE, Netherlands--(BUSINESS WIRE)--May 24, 2018--Aegon announces that it is exercising its right to redeem the EUR 200 million 6% perpetual capital securities. The redemption of these grandfathered Tier 1 securities will be effective on July 23, 2018, when the aggregate principal amount of EUR 200 million will be repaid together with any accrued and unpaid interest.
The securities (ISIN code: NL0000168466) are currently listed on Euronext Amsterdam. This listing will be terminated following the redemption of the securities.
A notice of redemption will be sent to all currently registered holders of the perpetual capital securities by the fiscal agent, Citibank N.A.
Aegon’s roots go back more than 170 years – to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions and asset management. Aegon’s purpose is to help people achieve a lifetime of financial security. More information on aegon.com/about.
The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, is confident, will, and similar expressions as they relate to Aegon. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:
Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
This press release contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014).
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Jan Willem Weidema
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KEYWORD: EUROPE NETHERLANDS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
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PUB: 05/24/2018 02:00 AM/DISC: 05/24/2018 02:01 AM