F&G Annuities & Life prices $375 million of 7.300% junior subordinated notes due 2065
F&G Annuities & Life completed a public offering of $375 million in 7.300% junior subordinated notes due January 15, 2065. The company said it intends to use the net proceeds for general corporate purposes, including repurchasing, redeeming or repaying outstanding indebtedness.
Key points
- Principal amount: $375 million; interest of 7.300% per year, paid quarterly beginning April 15, 2025
- Notes mature January 15, 2065; F&G may defer interest for up to five consecutive years, with interest continuing to accrue
- Optional redemption at 100% of principal from January 15, 2030; Rating Agency Event redemption at 102%
- Underwriters include Wells Fargo Securities, BofA Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets; trustee is Citibank, N.A.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 13, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.