---
schema_version: "secwatch.filing_event.v1"
accession: "0001934850-24-000009"
form_type: "8-K"
ticker: "FG"
cik: "0001934850"
company_name: "F&G Annuities & Life, Inc."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:27:30.675419+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# F&G upsizes credit facility to $750M, extends maturity

## Summary
- Increased revolving credit facility from $665M to $750M.
- Maturity date extended; terms otherwise similar to prior agreement.
- Interest rates: SOFR plus 165 bps at current ratings (BBB-/Ba1/BBB).
- Includes financial covenants: minimum net worth, max debt-to-capitalization.

## SEC filing metadata
- accession: 0001934850-24-000009
- form_type: 8-K
- ticker: FG
- cik: 0001934850
- company_name: F&G Annuities & Life, Inc.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934850/000193485024000009/0001934850-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934850/000193485024000009/fg-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001934850-24-000009
- JSON: https://secwatch.observer/filing/0001934850-24-000009.json
- Plain text: https://secwatch.observer/filing/0001934850-24-000009.txt

## Key facts
- Debt Financings
  F&G Annuities & Life, Inc. amended revolving credit of $750 million with Bank of America, N.A. as administrative agent at Term SOFR plus 130.0 to 180.0 basis points margin or base rate plus 30.0 to 80.0 maturing extended maturity date.
  - Instrument: revolving credit
  - Principal: $750 million
  - Counterparty: Bank of America, N.A. as administrative agent
  - Rate: Term SOFR plus 130.0 to 180.0 basis points margin or base rate plus 30.0 to 80.0
  - Maturity: extended maturity date
  - Event: amendment
  source text: amends the Existing Credit Agreement to (x) extend the maturity date and (y) increase the aggregate principal amount of commitments under the revolving credit facility to $750 million. Revolving loans under the Restated Credit Agreement generally bear interest at a variable rate based on either (i) the base rate (which is the highest of (a) one-half of one
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934850/000193485024000009/0001934850-24-000009-index.htm
- Material Agreements
  F&G Annuities & Life, Inc. amended Restated Credit Agreement with Bank of America, N.A., as administrative agent valued at $750 million (effective 2024-02-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent
  - Value: $750 million
  - Effective: 2024-02-16
  source text: On February 16, 2024, F&G Annuities & Life, Inc. (“ F&G ”) entered into an amendment and restatement of its existing $665 million credit agreement (the “ Existing Credit Agreement ”), dated as of November 22, 2022, with the guarantors party thereto, the financial institutions party thereto as lenders and Bank of America, N.A., as administrative agent (in such capacity, the “ Administrative Agent ”), swing line lender and an issuing bank, (the “ Restated Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934850/000193485024000009/0001934850-24-000009-index.htm

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