Athene Holding Ltd. Announces Secondary Offering of Common Shares
Athene Holding Ltd. (“Athene”) announced today the launch of an underwritten secondary offering (the “Offering”) of its Class A
common shares. All the 10,320,544 Class A common shares to be sold in the Offering are being sold by a subsidiary of Abu Dhabi
Investment Authority (“ADIA”), and following the Offering, ADIA will own a de minimis amount of Athene’s Class A common shares.
Athene will not receive any proceeds from the Offering.
Athene’s Class A common shares on the New York Stock Exchange are listed under the symbol “ATH.”
Barclays Capital Inc. is acting as sole underwriter for the Offering.
The Offering will be made pursuant to an effective shelf registration statement that has previously been filed with the
Securities and Exchange Commission (the “SEC”). Any offer, or solicitation to buy, if at all, will be made solely by means of a
prospectus and related prospectus supplement filed with the SEC. You may obtain these documents without charge from the SEC at
www.sec.gov. Alternatively, you may request copies of these materials from 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.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or jurisdiction.
About Athene Holding Ltd.
Athene, through its subsidiaries, is a leading retirement services company that issues, reinsures and acquires retirement savings
products designed for the increasing number of individuals and institutions seeking to fund retirement needs. The products offered
by Athene include:
- Retail fixed and fixed indexed annuity products;
- Reinsurance arrangements with third-party annuity providers; and
- Institutional products, such as funding agreements and group annuity contracts related to pension
risk transfers.
Athene had total assets of approximately $100 billion as of December 31, 2017. Athene's principal subsidiaries include Athene
Annuity & Life Assurance Company, a Delaware-domiciled insurance company, Athene Annuity and Life Company, an Iowa-domiciled
insurance company, Athene Annuity & Life Assurance Company of New York, a New York-domiciled insurance company and Athene Life
Re Ltd., a Bermuda-domiciled reinsurer.
Forward-Looking Statements
This press release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exercise Act of 1934, as amended. Such statements are subject to risks and
uncertainties that could cause actual results, events and developments to differ materially from those set forth in, or implied by,
such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s
subsidiaries. Generally, forward-looking statements include actions, events, results, strategies and expectations and are often
identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,”
“will,” “could,” “might,” or “continues” or similar expressions. Factors that could cause actual results, events and developments
to differ include, without limitation: the accuracy of our assumptions and estimates; our ability to maintain or improve financial
strength ratings; our ability to manage our business in a highly regulated industry; regulatory changes or actions; the impact of
our reinsurers failing to meet their assumed obligations; the impact of interest rate fluctuations; changes in the federal income
tax laws and regulations; the implementation and the accuracy of our interpretation of the tax reform act; litigation (including
class action litigation), enforcement investigations or regulatory scrutiny; the performance of third parties; the loss of key
personnel; telecommunication, information technology and other operational systems failures; the continued availability of capital;
new accounting rules or changes to existing accounting rules; general economic conditions; our ability to protect our intellectual
property; the ability to maintain or obtain approval of the Delaware Department of Insurance, the Iowa Insurance Division and other
regulatory authorities as required for our operations; and other factors discussed from time to time in Athene’s filings with the
SEC, including our annual report on Form 10-K for the year ended December 31, 2017, which can be found at the SEC’s website
www.sec.gov.
All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that
the actual results, events or developments referenced herein will occur or be realized. We do not undertake any obligation to
update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to
future operating results.
Athene Holding Ltd.
Media Contact:
Cyndi Harmeyer Fisher, 441-279-8533 or 515-342-3719
cfisher@athene.com
or
Investor Relations Contact:
Paige Hart, 441-279-8527 or 310-698-4478
phart@athene.com
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