Athene Holding Ltd. has entered into a new credit agreement with a syndicate of banks, including Wells Fargo Bank, National Association, as the administrative agent. This agreement, signed on June 27, 2025, involves Athene Holding Ltd. and its subsidiaries Athene Life Re Ltd., Athene Annuity Re Ltd., and Athene Annuity and Life Company. The credit agreement is unsecured and has a commitment termination date of June 26, 2026, with potential extensions. It replaces a previous agreement and outlines that interest on outstanding borrowings will accrue at a rate based on Term SOFR plus a sliding margin. Additionally, Athene Annuity Re Ltd. has guaranteed all obligations under the agreement.
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