By Wendy Van Sickle
Columbus, Ohio, Jan. 9 – F&G Annuities & Life priced $500 million of 7.4% five-year senior notes on Monday, according to a news release.
Proceeds will be used for general corporate purposes, including to support the growth of assets under management and for F&G's future liquidity requirements.
F&G is a provider of insurance solutions serving retail annuity and life customers and institutional clients and is based in Des Moines. The company was previously known as Fidelity & Guaranty Life Insurance Co.
| Issuer: | F&G Annuities & Life
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| Amount: | $500 million
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| Issue: | Senior notes
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| Maturity: | 2028
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| Coupon: | 7.4%
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| Trade date: | Jan. 9
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| Settlement date: | Jan. 13
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| Distribution: | Rule 144A and Regulation S
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