Athene Holding Ltd 7.75% Fixed-Rate Reset Perpetual Non-Cumulative Preference Shares, Series E

Athene Holding Ltd is 100% owned by Apollo Global Management (APO)

A review of the prospectus does NOT reveal any particular protections for investors in the event of a merger or acquisition.

Coupon is fixed at 7.75% until 12/30/2027 after which it will reset at the 5 year treasury plus a spread of 3.962%

Ticker: ATH-E

Parent Ticker: APO

OTC Grey Market Temporary Ticker: ATHLL

Issuance Date: 12/05/2022

1st Call Date: 12/30/2027

Maturity Date: None

Shares Issued: 20,000,000

Overallotment Shares: 0

Coupon: 7.75%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.4844

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 30

S&P Rating: BBB

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa3

Fitch Rating: BBB

Egan-Jones Rating: NR