Athene Holding Ltd has announced the pricing of an underwritten secondary offering of 10,320,544 of its Class A common shares at a price to the public of $49.70 per share. All of the shares are being sold by a subsidiary of Abu Dhabi Investment Authority. Athene will not receive any proceeds from the offering.

Athene’s Class A common shares on the New York Stock Exchange are listed under the symbol ATH.

The closing of the offering is expected to occur on Friday, subject to satisfaction of customary closing conditions.

Barclays Capital Inc is acting as sole underwriter for the offering.