F&G Annuities & Life Prices Public Offering Of $500M Of Its 6.250% Senior Notes Due 2034
Portfolio Pulse from Benzinga Newsdesk
F&G Annuities & Life has announced a public offering of $500 million in 6.250% senior notes due in 2034. This move is likely aimed at raising capital for business operations or expansion.
October 01, 2024 | 9:11 pm
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F&G Annuities & Life is issuing $500 million in 6.250% senior notes due 2034, likely to raise capital for operations or expansion.
The issuance of senior notes is a common method for companies to raise capital. While it increases debt, it can also fund growth or operations, which may be neutral in the short term for stock prices unless further context is provided.
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