debt
confidence high
sentiment neutral
materiality 0.60
F&G Annuities & Life issues $500M of 6.250% senior notes due 2034
F&G Annuities & Life, Inc.
- Principal $500M, coupon 6.250%, maturity October 4, 2034; interest payable semi-annually.
- Net proceeds to repay revolving credit facility and for general corporate purposes, including organic growth.
- Notes are unsecured, unsubordinated obligations guaranteed by certain subsidiaries.
- Underwriters include Wells Fargo, BofA, J.P. Morgan, RBC Capital Markets.
- First interest payment due April 4, 2025; redeemable at F&G's option with make-whole prior to July 4, 2034.