Market Overview

American Equity Prices 8.6M Shares Offering @$25.25/Share

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American Equity Investment Life Holding Company (NYSE: AEL) announced today that it has priced an underwritten public
offering of 8,600,000 shares of common stock, of which 4,300,000 are
subject to the forward sale agreement described below, at a public
offering price of $25.25 per share. The underwriters have been granted a
30-day option to purchase up to 1,290,000 additional shares of common
stock.

The offering is expected to close on or about August 12, 2015, subject
to customary closing conditions.

In connection with the offering of its common stock, the Company has
entered into a forward sale agreement (and, to the extent that the

See full press release

Posted-In: M&A News Offerings Press Releases

 

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