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mmayr

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mmayr

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Re: thepennyking post# 415

Monday, 03/22/2004 7:22:51 PM

Monday, March 22, 2004 7:22:51 PM

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American Equity files $250 mln debt shelf offer

WASHINGTON, March 16 (Reuters) - American Equity Investment Life filed with U.S. regulators on Tuesday to sell over time up to $250 million in debt securities.

The insurance underwriter said it and several trusts would use proceeds for general corporate purposes.

A Securities and Exchange Commission shelf registration provides advance regulatory approval to sell securities in one or more separate offerings in amounts, at prices and on terms to be determined at the time of the sale.


03/16/04 06:41 ET

~~AEL~~NYSE
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