DES
MOINES, Iowa, Jan. 16,
2025 /PRNewswire/ -- F&G Annuities &
Life, Inc. (NYSE: FG) (F&G or the Company) today announced that
its subsidiary Fidelity & Guaranty Life Holdings, Inc. (FGLH)
will redeem on February 1, 2025, all
outstanding $300 million aggregate
principal amount of FGLH's 5.50% Senior Notes due May 1, 2025.
The notes will be redeemed for a redemption price equal to 100%
of principal amount of the notes plus accrued and unpaid interest
to, but excluding, the redemption date. On and after the redemption
date, interest will cease to accrue on the notes.
Beneficial owners of the notes should contact the bank, broker
or nominee through which they hold their beneficial interest for
information about the redemption payment.
About F&G
F&G is committed to helping
Americans turn their aspirations into reality. F&G is a leading
provider of insurance solutions serving retail annuity and life
customers and institutional clients and is headquartered in
Des Moines, Iowa.
Forward-Looking Statements
This press release contains forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements include statements that are not
related to present facts or current conditions or that are not
historical facts, as well as statements that address activities,
events, or developments that F&G anticipates will or may occur
in the future, including, but not limited to, such things as the
anticipated timing of the redemption of the notes and other such
matters. You can identify forward-looking statements by words such
as "believe," "expect," "anticipate," "intend," "plan," "estimate,"
"predict," "project," "seek," "outlook," "future," "will," "would,"
"should," "could," "may," "can have," "likely" and similar terms.
Forward-looking statements include statements based on management's
current expectations and assumptions about future events.
Forward-looking statements are subject to known and unknown risks
and uncertainties, many of which are beyond F&G's control, that
could cause actual results to differ materially from those in or
implied by the forward-looking statements. Factors that may cause
such differences include the risks and uncertainties described in
F&G's Annual Report on Form 10-K for the year ended
December 31, 2023, as amended,
F&G's Quarterly Reports on Form 10-Q for the quarterly periods
ended March 31, 2024, June 30, 2024 and September 30, 2024 and the other reports and
filings F&G makes with the SEC. These forward-looking
statements speak only as of the date of this press release. F&G
disclaims any obligation to update or revise any forward-looking
statement, whether as a result of new information, future
developments, changes in assumptions or otherwise.
Contact:
Lisa Foxworthy-Parker
SVP of Investor & External Relations
515.330.3307
Investor.relations@fglife.com
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SOURCE F&G Annuities & Life, Inc.