Aegon announces reset of perpetual subordinated bonds

Core Viewpoint - Aegon will reset the coupon on its EUR 113 million perpetual cumulative subordinated bonds on June 8, 2025, with the new coupon rate to be published around June 3, 2025 [1][2]. Group 1: Bond Details - The bonds, originally issued in 1995, have a current coupon rate of 1.506% and will continue to be outstanding under their terms [1]. - Aegon has the option to call the bonds or reset the coupon every ten years, with the next optional redemption date set for June 8, 2035 [2]. Group 2: Company Overview - Aegon is an international financial services holding company focused on investment, protection, and retirement solutions, with operations in the United States, United Kingdom, and various global partnerships [4][5]. - The company aims to positively impact critical environmental and societal issues, emphasizing climate change and inclusion [5].