AXA S.A. received USD 3.2 billion from the completion of its US pre-IPO reorganization transactions

AXA announced today that AXA Equitable Holdings, Inc. has successfully completed its pre-IPO reorganization transactions, including the repayment of all internal loans provided by AXA Group and the purchase of Alliance Bernstein units previously owned by AXA S.A. and its affiliates.

Consequently, AXA S.A. received USD 3.2 billion which will contribute to the financing of the XL Group acquisition, announced on March 5, 2018.