Corebridge Financial Announces Effectiveness of Form S-4 Registration Statement and Launch of Exchange Offer
26 Abril 2023 - 05:16PM
Business Wire
Exchange Offer for up to $1.0 billion of its
3.500% Senior Notes due 2025, up to $1.25 billion of its 3.650%
Senior Notes due 2027, up to $1.0 billion of its 3.850% Senior
Notes due 2029, up to $1.5 billion of its 3.900% Senior Notes due
2032, up to $500 million of its 4.350% Senior Notes due 2042, up to
$1.25 billion of its 4.400% Senior Notes due 2052 and up to $1.0
billion of its 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated
Notes due 2052
Corebridge Financial, Inc. (the “Company”) announced today that
effective at 10:00 a.m. EDT on April 26, 2023, the U.S. Securities
and Exchange Commission declared effective its previously filed
Registration Statement on Form S-4 for the exchange of up to $1.0
billion aggregate principal amount of its outstanding 3.500% Senior
Notes due 2025 (the “Old 3.500% Senior Notes”), up to $1.25 billion
aggregate principal amount of its outstanding 3.650% Senior Notes
due 2027 (the “Old 3.650% Senior Notes”), up to $1.0 billion
aggregate principal amount of its outstanding 3.850% Senior Notes
due 2029 (the “Old 3.850% Senior Notes”), up to $1.5 billion
aggregate principal amount of its outstanding 3.900% Senior Notes
due 2032 (the “Old 3.900% Senior Notes”), up to $500 million
aggregate principal amount of its outstanding 4.350% Senior Notes
due 2042 (the “Old 4.350% Senior Notes”), up to $1.25 billion
aggregate principal amount of its outstanding 4.400% Senior Notes
due 2052 (the “Old 4.400% Senior Notes” and, together with the Old
3.500% Senior Notes, Old 3.650% Senior Notes, Old 3.850% Senior
Notes, Old 3.900% Senior Notes and Old 4.350% Senior Notes, the
“Old Senior Notes”) and up to $1.0 billion aggregate principal
amount of its outstanding 6.875% Fixed-to-Fixed Reset Rate Junior
Subordinated Notes due 2052 (the “Old Hybrid Notes” and, together
with the Old Senior Notes, the “Old Notes”), for a like principal
amount of its 3.500% Senior Notes due 2025 (the “New 3.500% Senior
Notes”), 3.650% Senior Notes due 2027 (the “New 3.650% Senior
Notes”), 3.850% Senior Notes due 2029 (the “New 3.850% Senior
Notes”), 3.900% Senior Notes due 2032 (the “New 3.900% Senior
Notes”), 4.350% Senior Notes due 2042 (the “New 4.350% Senior
Notes”), 4.400% Senior Notes due 2052 (the “New 4.400% Senior
Notes” and, together with the New 3.500% Senior Notes, New 3.650%
Senior Notes, New 3.850% Senior Notes, New 3.900% Senior Notes and
New 4.350% Senior Notes, the “New Senior Notes”) and 6.875%
Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 (the
“New Hybrid Notes” and, together with the New Senior Notes, the
“New Notes”), respectively, which have been registered under the
Securities Act of 1933, as amended.
Accordingly, the Company announced that, effective April 26,
2023, it has launched its offer to exchange its Old Notes for its
New Notes. This offer will expire at 5:00 p.m. EDT on May 24, 2023,
unless otherwise extended.
This press release is not an offer to exchange the New Notes for
the Old Notes, nor is it the solicitation of an offer to exchange,
which the Company is making only through the exchange offer
prospectus, dated April 26, 2023, together with the related letter
of transmittal. There will not be any offer or sale of the New
Notes in any state in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities laws of any such state.
Copies of the exchange offer prospectus and related documents
may be obtained from The Bank of New York Mellon, the exchange
agent for the exchange offer, at the following address:
The Bank of New York Mellon c/o BNY Mellon Corporate Trust
Operations – Reorganization Unit 2001 Bryan Street, 10th Floor
Dallas, Texas 75201 Attn: Joseph Felicia Email:
CT_REORG_UNIT_INQUIRIES@bnymellon.com Facsimile: (732) 667-9408
About Corebridge Financial
Corebridge Financial, Inc. (NYSE: CRBG) makes it possible for
more people to take action in their financial lives. With more than
$355 billion in assets under management and administration as of
December 31, 2022, Corebridge Financial is one of the largest
providers of retirement solutions and insurance products in the
United States. We proudly partner with financial professionals and
institutions to help individuals plan, save for and achieve secure
financial futures. For more information, visit
corebridgefinancial.com and follow us on LinkedIn, YouTube,
Facebook and Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20230426005623/en/
Josh Smith (Investors):
investorrelations@corebridgefinancial.com Matt Burkhard (Media):
media.contact@corebridgefinancial.com
Corebridge Financial (NYSE:CRBG)
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