By Ben Edwards

Dutch insurance company Aegon NV (AEG) is planning a 500 million euro ($614.3 million), five-year, senior unsecured bond, one of the banks running the deal said Wednesday.

Initial price thoughts are 200-210 basis points over midswaps.

ABN Amro, ING Bank NV, Rabobank and Royal Bank of Scotland Group PLC are the lead managers of the sale.

The issuer is rated A3 by Moody's Investors Service Inc. and A- by Standard & Poor's Corp. and Fitch Ratings.

Write to Ben Edwards at ben.edwards@dowjones.com