Aegon announced its intention to reset the coupon on its EUR 113 million (NLG 250 million) 1.506% perpetual cumulative subordinated bonds. The reset date is scheduled for June 8, 2025, as part of the bond's terms.
These bonds, originally issued in 1995, will continue to remain outstanding under their existing terms, with the next optional redemption date set for June 8, 2035. This indicates a long-term debt instrument.
The new coupon rate for these bonds will be publicly announced on or around June 3, 2025. This action represents a routine management of the company's existing debt instruments, without immediate specified financial impact.
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