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F&G Annuities & Life to repay loan via new notes
By Marisa Wong
Los Angeles, Nov. 27 – F&G Annuities & Life, Inc. plans to repay borrowings under its credit agreement using proceeds from an offering of new senior notes due 2053, according to an S-1 filing with the Securities and Exchange Commission.
As of Sept. 30, the company had $515 million of borrowings outstanding under the credit agreement.
The annuities and life insurance company is based in Des Moines.
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