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Article: AEGON N.V. - AEGON to repay EUR 1 billion to Dutch State.
- Article from:
- PR Newswire UK Disclose
- Article date:
- October 29, 2009
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AEGON to repay EUR 1 billion to Dutch State
THE HAGUE - AEGON has notified the Dutch State and Vereniging AEGON that it
will exercise its option to repay one third of the EUR 3 billion in core
capital the company secured last year through its largest shareholder,
Vereniging AEGON and funded by the Dutch State. AEGON first announced its
intention to repay the Dutch State in August when it raised EUR 1 billion in a
successful equity issue.
The amount will be repaid on November 30, 2009 including accrued interest from
May 22, 2009 in accordance with the terms of AEGON's agreement with the Dutch
State. The Dutch Central Bank has given its consent for the repayment.
"It ...