Legal DealFolio - AEGON N.V. Subordinated Notes due 2042

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch) as sole structuring adviser and joint bookrunner and Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC as joint bookrunners and, together with Merrill Lynch, as representatives of the several underwriters in connection with an SEC-registered debt shelf takedown by AEGON N.V. of $500 million aggregate principal amount of 8% non-cumulative subordinated notes due 2042. The subordinated notes are structured to qualify as Tier 2 capital for AEGON NV under existing regulatory capital rules as well as proposed rules under Solvency II, which are expected to be in effect as of January 1, 2014. AEGON is an international life insurance, pension and asset management company based in The Hague, Netherlands. It has businesses in over 20 markets in the Americas, Europe and Asia. AEGON companies employ approximately 26,000 people and have some 40 million customers across the globe. The Davis Polk corporate team included partner Jeffrey M. Oakes and associates Shih-Jern Liang and Erik Niit. Partner John D. Paton and associate Adam B. Perry provided tax advice. Claire Lim was the legal assistant on the transaction. All members of the Davis Polk team are based in the London office.

Deal Date:	31-01-2012	Practice Area:	Debt Capital Markets
Deal Title:	AEGON N.V. Subordinated Notes due 2042	Industry:	Life Insurance
Description:	Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch) as sole structuring adviser and joint bookrunner and Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC as joint bookrunners and, together with Merrill Lynch, as representatives of the several underwriters in connection with an SEC-registered debt shelf takedown by AEGON N.V. of $500 million aggregate principal amount of 8% non-cumulative subordinated notes due 2042. The subordinated notes are structured to qualify as Tier 2 capital for AEGON NV under existing regulatory capital rules as well as proposed rules under Solvency II, which are expected to be in effect as of January 1, 2014. AEGON is an international life insurance, pension and asset management company based in The Hague, Netherlands. It has businesses in over 20 markets in the Americas, Europe and Asia. AEGON companies employ approximately 26,000 people and have some 40 million customers across the globe. The Davis Polk corporate team included partner Jeffrey M. Oakes and associates Shih-Jern Liang and Erik Niit. Partner John D. Paton and associate Adam B. Perry provided tax advice. Claire Lim was the legal assistant on the transaction. All members of the Davis Polk team are based in the London office.
Financial Center:	London	Value:	100.01-500.00
Advised Party:	Underwriter	Law Firm	Davis Polk
Issuer Jurisdiction	Netherlands	Listing Jurisdiction	United Kingdom
Classification:	Corporate Bonds Subordinated Debt	Lawyer	Jeffrey M Oakes

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Debt Capital Markets Law Firms and Lawyers

Practice Areas - Debt Capital Markets Law Firms and Lawyers