debt
confidence high
sentiment neutral
materiality 0.50
Corebridge Financial, Inc. (CRBG): debt financing — Corebridge issues $500M 6.050% Senior Notes due 2033 to repay term loan
Corebridge Financial, Inc.
- Issued $500M aggregate principal amount of 6.050% Senior Notes due 2033 on September 15, 2023.
- Net proceeds plus cash on hand used to repay $500M of $1.5B drawn under 3-Year Delayed Draw Term Loan.
- Notes issued under existing indenture with Bank of New York Mellon as trustee.
- Seventh Supplemental Indenture and form of Notes filed as exhibits.