By Wendy Van Sickle and Cristal Cody
Columbus, Ohio, Jan. 5 – F&G Global Funding priced $400 million of 2.3% funding agreement-backed notes due April 11, 2027 on Tuesday, according to a market source.
The notes priced at Treasuries plus 95 basis points versus talk in the Treasuries plus 110 bps area.
Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the bookrunners.
F&G is a subsidiary of Fidelity National Financial, a title insurance company based in Jacksonville, Fla.
| Issuer: | F&G Global Funding
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| Amount: | $400 million
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| Issue: | Funding agreement-backed notes
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| Maturity: | April 11, 2027
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| Bookrunners: | Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC
|
| Coupon: | 2.3%
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| Spread: | Treasuries plus 95 bps
|
| Pricing date: | Jan. 4
|
| Talk: | Treasuries plus 110 bps area
|
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