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F&G Annuities & Life Prices Common Stock Offering
FGF&G Annuities & Life(FG) Prnewswire·2025-03-20 23:28

Group 1 - F&G Annuities & Life, Inc. has priced a public offering of 8,000,000 shares of its common stock at 35.00 per share, with an additional option for underwriters to purchase up to 1,200,000 shares [1] - Fidelity National Financial, Inc., F&G's majority-stockholder, will purchase 4,500,000 shares at 33.60 per share from the underwriters [1] - The offering is expected to close on March 24, 2025, subject to customary closing conditions [1] Group 2 - The net proceeds from the offering will be used for general corporate purposes, including supporting organic growth opportunities [2] - BofA Securities, Inc. and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering [2] Group 3 - The public offering is made pursuant to a registration statement filed with the U.S. Securities and Exchange Commission [3] - Copies of the registration statement and prospectus can be accessed through the SEC's website or by contacting the joint book-running managers [3] Group 4 - F&G is a leading provider of insurance solutions, serving retail annuity and life customers as well as institutional clients, and is headquartered in Des Moines, Iowa [5]