secwatch.observer — SEC 8-K summary
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Issuer:     Brighthouse Financial, Inc. (BHF)
CIK:        0001685040
Form:       8-K
Filed at:   2021-11-22T23:59:59+00:00
Accession:  0001193125-21-336813
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.03, 2.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brighthouse issues $400M 3.850% notes due 2051 and 4.625% preferred Series D; launches up to $750M tender
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- Issued $400M aggregate 3.850% Senior Notes due Dec 22, 2051; proceeds to fund tender offer.
- Issued 14M depositary shares representing 14,000 shares of 4.625% Non-Cumulative Preferred Series D.
- Cash tender offer launched to purchase up to $750M of outstanding 3.700% notes due 2027 and 4.700% notes due 2047.
- Net proceeds from both offerings, plus available cash, to pay for Tender Notes, accrued interest, and expenses.
- Both offerings closed Nov 22, 2021; underwriting agreements and legal opinions filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1685040/000119312521336813/0001193125-21-336813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1685040/000119312521336813/d229967d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-336813

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