debt
confidence high
sentiment neutral
materiality 0.50
F&G issues $375M of 7.300% Junior Subordinated Notes due 2065
F&G Annuities & Life, Inc.
- Issued $375M aggregate principal amount of 7.300% junior subordinated notes due January 15, 2065.
- Interest payable quarterly starting April 15, 2025; F&G may defer interest for up to 5 years per period.
- Net proceeds for general corporate purposes, including repurchase/redemption/repayment of outstanding debt.
- Optional redemption at 100% par starting January 15, 2030; special redemption options upon tax, regulatory, or rating agency events.