The Board of Directors of Presidential Life has unanimously approved the transaction and recommends Eastern Masala Company its shareholders approve the merger Presidential Life Insurance Company. The transaction is expected to close in late and is subject to customary closing conditions, including the receipt of regulatory approvals, such as the approval of the New York State Department of Financial Services, and approval Prsidential the holders of a majority of Presidential Life Insurance Company outstanding shares of Presidential Life common stock.

Consummation of the merger is not subject to financing conditions. Belardi, CEO of Athene. The companies fund themselves through reinsurance transactions, retail sales of fixed annuities, and sales of institutional funding agreements.

Athene primarily invests in a diversified portfolio of highly-rated, liquid, fixed income securities. Further information Insurancee our companies can be found at Presidential Life Insurance Company. Presidential Life, through its wholly owned subsidiary, Presidential Life Insurance Company, markets Insudance sells a variety of fixed annuity, life insurance and accident and health insurance products.

Further information about Presidential Life is available on the Internet at www. Factors that might cause such a Presidential Life Insurance Company include, without limitation, the following:. Other factors not currently anticipated by management may also materially and adversely affect the closing of the transaction described in this press release. Readers are cautioned not to place undue reliance on Presidential Life Insurance Company statements, which speak only as of their dates.

Presidential Life undertakes no obligation to publicly update or revise Insurznce forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Xyz Beverage Company Athene: Bill Free, bfree athene. About Athene Holding Ltd. Liberty Ambulance Company Presidential Life Corporation Presidential Life, through its wholly owned subsidiary, Presidential Life Insurance Company, Insruance and sells a variety of fixed annuity, life insurance and accident and health Insuracne products.

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Athene Retirement Services Company

1 Financial strength ratings for Athene Annuity & Life Assurance Company, Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York and Athene Life Re Ltd. A.M. Best, S&P and Fitch's credit ratings reflect their assessment of the relative ability of an insurer to meet its ongoing insurance policy and contract obligations.…

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This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York or Athene Securities, LLC. ATHENE ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. MAY LOSE VALUE. NO BANK/CREDIT UNION ……

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