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Aegon N.V.
AEGON Releases EUR 315 Million of Capital Through Securitization
August 8th, 2008
AEGON announced that it has successfully completed an innovative securitization transaction to improve capital efficiency and optimize the capital structure as part of the Group's new strategy. This transaction adds around EUR 315 million (GBP 250 million) of core capital, thus enhancing the financial flexibility of the Group. Also, the transaction improves the return on capital (RoC(1)) deployed in the United Kingdom. In June 2008, AEGON announced three strategic priorities to support its growth ambitions: to reallocate capital toward businesses with higher growth and return prospects, to improve growth and returns from existing businesses, and to...
Source: Health Business Week (2008-08-08)
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