FG - F&G Annuities & Life prices $500M senior note offering
- F&G Annuities & Life ( NYSE: FG ) said Monday it priced a $500M private offering of 7.4% senior notes due 2028.
- Shares slipped 2.9% after the bell.
- Net proceeds will be used for general corporate purposes, including to support growth of assets under management and for F&G's ( FG ) future liquidity requirements.
- The offering is expected to close on January 13.
- Earlier, Barclays initiated F&G ( FG ) at Equal Weight on limited upside potential .
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F&G Annuities & Life prices $500M senior note offering