---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-032727"
form_type: "8-K"
ticker: "EQH"
cik: "0001333986"
company_name: "Equitable Holdings, Inc."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:37:06.695493+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Equitable Holdings launches $1.8B tender offer for 46M AB Holding units at $38.50/unit

## Summary
- $500M senior unsecured delayed-draw term loan entered to fund tender; repayment expected from RGA reinsurance proceeds in mid-2025.
- Tender for up to 46M units (41.7% of outstanding AB Holding) at $38.50/unit, a 7.8% premium over Feb 21 closing price.
- Equitable currently holds ~61.9% economic interest in AB; after max purchase, interest would rise to ~77.5%.
- Offer not conditioned on financing or minimum tendered; expires March 24, 2025 unless extended.
- Equitable does not own any AB Holding units directly; tender provides liquidity and increased ownership stake.

## SEC filing metadata
- accession: 0001193125-25-032727
- form_type: 8-K
- ticker: EQH
- cik: 0001333986
- company_name: Equitable Holdings, Inc.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333986/000119312525032727/0001193125-25-032727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333986/000119312525032727/d909640d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-032727
- JSON: https://secwatch.observer/filing/0001193125-25-032727.json
- Plain text: https://secwatch.observer/filing/0001193125-25-032727.txt

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