FGL Holdings (FG) Prices $500M Notes Offering

F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that it priced a public offering of $500 million aggregate principal amount of its 6.250% senior notes due 2034 (the "notes"). The offering is expected to close on October 4, 2024, subject to satisfaction of customary closing conditions.

The notes will be guaranteed on an unsecured, unsubordinated basis by each of F&G's subsidiaries that are guarantors of F&G's obligations under its existing credit agreement.

F&G intends to use the net proceeds of this offering to repay borrowings under its revolving credit facility and for general corporate purposes, including the support of organic growth opportunities.

Wells Fargo Securities, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC are acting as joint book-running managers for the offering of the notes.

The public offering is being made pursuant to a registration statement (including a prospectus, as supplemented) that F&G has filed with the U.S. Securities and Exchange Commission (the "SEC"). Copies of the registration statement may be accessed through the SEC's website at www.sec.gov. A copy of the prospectus (as supplemented), when available, may be obtained from Wells Fargo Securities, LLC toll-free at 1-800-645-3751 or by emailing [email protected], BofA Securities, Inc. toll-free at 1-800-294-1322, J.P. Morgan Securities LLC collect at 1-212-834-4533 and RBC Capital Markets, LLC toll-free at 1-866-375-6829.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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