Credit Suisse First Boston (CSFB) has won a bookrunner role on a €1.7bn accelerated bookbuild for Aegon, just months after the bank advised JC Penney, the US retailer, on the sale of its insurance arm to the Dutch firm.

CSFB and Morgan Stanley are joint bookrunners of the Dutch insurer's equity offering, which was launched on Wednesday. Morgan Stanley led an equity offer for Aegon in 1985 when the firm raised $55m (€64.3m).