AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock
05 Junho 2023 - 05:13PM
Business Wire
American International Group, Inc. (NYSE: AIG) today announced
the launch of a secondary offering of Corebridge Financial, Inc.
(NYSE: CRBG) common stock. AIG, as the selling stockholder, is
offering 65 million existing shares of common stock (out of
approximately 648 million total shares of common stock outstanding)
of Corebridge and has granted a 30-day option to the underwriters
to purchase up to an additional 9.75 million shares. All of the net
proceeds from the offering will go to AIG.
J.P. Morgan is acting as Global Coordinator and an Active
Bookrunner for the proposed offering. Morgan Stanley, BofA
Securities and Piper Sandler are also acting as Active Bookrunners
for the proposed offering.
The proposed offering of these securities is being made only by
means of a prospectus. A registration statement relating to the
proposed offering has been filed with the U.S. Securities and
Exchange Commission, but has not yet become effective. These
securities may not be sold, nor may offers to buy be accepted,
prior to the time the registration statement becomes effective.
Copies of the registration statement and the final prospectus, when
available, may be obtained from: J.P. Morgan Securities LLC,
Attention: Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, or by telephone at 1-866-803-9204 or by email
at prospectus-eq_fi@jpmorganchase.com; Morgan Stanley & Co.
LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, NY 10014; BofA Securities, Attention: Prospectus
Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC
28255-0001, or by email at dg.prospectus_requests@bofa.com; and
Piper Sandler & Co., Attention: Piper Sandler & Co., 1251
Avenue of the Americas, 6th Floor, New York, NY 10020, or by
telephone at 1-800-747-3924 or by email at prospectus@psc.com.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy these securities, and shall not
constitute an offer, solicitation or sale in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of that state or jurisdiction. Any offers,
solicitations or offers to buy, or any sales of securities will be
made in accordance with the registration requirements of the
Securities Act of 1933, as amended.
About AIG
American International Group, Inc. (AIG) is a leading global
insurance organization. AIG member companies provide a wide range
of property casualty insurance, life insurance, retirement
solutions and other financial services to customers in
approximately 70 countries and jurisdictions. These diverse
offerings include products and services that help businesses and
individuals protect their assets, manage risks and provide for
retirement security. AIG common stock is listed on the New York
Stock Exchange.
About Corebridge Financial
Corebridge Financial, Inc. (NYSE: CRBG) makes it possible for
more people to take action in their financial lives. With more than
$365 billion in assets under management and administration as of
March 31, 2023, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230605005715/en/
Quentin McMillan (Investors): quentin.mcmillan@aig.com Dana
Ripley (Media): dana.ripley@aig.com
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