| Athene Holding Ltd. announced the close of a significant pension risk transfer transaction in connection with JCPenney’s pension plan termination. A spokesperson said, “Under the terms of the transaction, which was signed in March 2021, JCPenney transferred $2.8 billion in pension obligations to Athene. Athene’s wholly-owned subsidiaries, Athene Annuity and Life Company [“AAIA”], and Athene […]
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