April 26, 2018 / 11:33 AM / in 6 months

BRIEF-AXA Offers $750 Million Of Bonds Mandatorily Exchangeable Into AXA Equitable Holdings Shares

April 26 (Reuters) - AXA SA:

* ANNOUNCES THE LAUNCH OF AN OFFERING OF APPROXIMATELY USD 750 MILLION OF BONDS MANDATORILY EXCHANGEABLE INTO SHARES OF AXA EQUITABLE HOLDINGS, INC

* MANDATORY EXCHANGEABLE BONDS WILL HAVE A NOTIONAL AMOUNT OF USD 1,000 PER BOND.

* MATURITY, EXPECTED TO BE ON OR ABOUT MAY 15, 2021

* EXCHANGE RATE, INTEREST RATE AND OTHER TERMS WILL BE DETERMINED AT THE TIME OF PRICING OF THE OFFERING. Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

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