secwatch.observer — SEC 8-K summary
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Issuer:     F&G Annuities & Life, Inc. (FG)
CIK:        0001934850
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001628280-23-040921
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F&G issues $345M of 7.950% Senior Notes due 2053, repays revolver
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- $345M aggregate principal, 7.950% coupon, matures Dec 15, 2053; quarterly interest starts Mar 15, 2024.
- Notes listed on NYSE under symbol 'FGN'; redeemable after Dec 15, 2028 at par plus accrued interest.
- Net proceeds to repay revolving credit facility borrowings and fund general corporate purposes, including organic growth.
- Guaranteed on unsecured, unsubordinated basis by F&G's subsidiaries that are credit-agreement guarantors.
- Rating downgrade may adjust interest rate; change of control triggers purchase offer at 101% of principal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934850/000162828023040921/0001628280-23-040921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934850/000162828023040921/fg-20231206.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-040921

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