Redemption Perpetual Securities
Redemption of USD 250 million in Perpetual Capital Securities
On August 12, 2021, Aegon announced a call for the redemption of USD 250 million Floating Rate Perpetual Capital Securities (NYSE:AEB, CUSIP: N007924509, ISIN: NL0000062438).
Please find further background information and the event schedule below.
| EVENT | DATE | COMMENT |
|---|---|---|
| Ex-dividend date | Tuesday, August 31, 2021 | Security price to be reduced by USD 0.25556 at the opening of the trading session |
| Record date | Wednesday, September 1, 2021 | Trades made on or after the ex-dividend date will not receive final interest payment |
| Interest payment date/redemption date | Wednesday, September 15, 2021 | Interest to be accrued up to but excluding redemption date on a following, unadjusted basis |
| Payment of interest | Wednesday, September 15, 2021 | USD 0.25556 or 4%/4*USD 25, calculated on a Act/360 basis |
| Payment of redemption price | Wednesday, September 15, 2021 | Security to be redeemed at 100% or USD 25 |
| Suspension and delisting of security | Wednesday, September 15, 2021, before opening | Interest will no longer accrue following redemption, suspension and delisting |