NETHERLANDS - Aegon has issued a benchmark Eurobond valued at E900m aimed at European institutional investors.
The bonds mature on April 16, 2008. The bond coupon is 4.625% and the issue price is 99.705%. The proceeds will be used to refinance maturing debt.
Lead managers are Barclays Capital and Deutsche Bank.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).
This week's top stories included a Pensions Institute report suggesting the aviation industry's practice of constantly evaluating mistakes should be applied to defined benefit pensions.