---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-159243"
form_type: "8-K"
ticker: "EQH"
cik: "0001333986"
company_name: "Equitable Holdings, Inc."
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:00:35.978764+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Equitable Holdings issues $600M of 2054 P-Caps via Pine Street Trust III, dissolves Trust I

## Summary
- Issued $600M of 6.223% Senior Notes due 2054 contingency via Trust III P-Caps (2054 P-Caps).
- Trust I dissolved after exchanging $600M of 2029 Notes for Treasury strips; holders received notes.
- Trust III P-Caps provide right to issue up to $600M senior notes at company's option over 30 years.
- Facility fee of 1.779% per annum on unexercised portion; automatic exercise triggers include net worth below $3B.
- Company also conducting a cash tender offer for its 2028 and 2048 senior notes (separate transaction).

## SEC filing metadata
- accession: 0001193125-24-159243
- form_type: 8-K
- ticker: EQH
- cik: 0001333986
- company_name: Equitable Holdings, Inc.
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333986/000119312524159243/0001193125-24-159243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333986/000119312524159243/d797169d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-159243
- JSON: https://secwatch.observer/filing/0001193125-24-159243.json
- Plain text: https://secwatch.observer/filing/0001193125-24-159243.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.