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BRIEF-American Equity announces proposed $500 mln offering of notes
June 13, 2017 / 1:26 PM / in 6 months

BRIEF-American Equity announces proposed $500 mln offering of notes

June 13 (Reuters) - American Equity Investment Life Holding Co-

* American Equity announces proposed $500 million offering of notes

* American Equity Investment Life - intends to launch public offering of senior unsecured notes due 2027 pursuant to effective shelf registration statement filed with sec on sept. 22, 2015

* American Equity Investment Life Holding Co - intends to use net proceeds of offering of notes to redeem all of company’s 6.625% senior notes due 2021

* American Equity Investment Life - also intends to use net proceeds of offering of notes to prepay in full co’s $100 million term loan that matures on september 30, 2019 Source text for Eikon: Further company coverage:

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