08/17/2026 | Press release | Distributed by Public on 08/17/2026 14:21
| Issuer: |
Corebridge Financial, Inc.
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Offering Format:
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SEC Registered
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| Security Title: |
5.900% Senior Notes due 2036 (the "Notes")
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Expected Ratings (Moody's/S&P/Fitch)*: |
Baa2 (Stable) / BBB+ (Negative Watch) / BBB+ (Positive)
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Ranking:
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Senior Unsecured
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| Trade Date: |
August 17, 2026
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| Settlement Date**: |
August 20, 2026 (T+3)
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| Maturity Date: |
August 20, 2036
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| Aggregate Principal Amount: | $750,000,000 | ||||
| Price to Public: |
99.806% of principal amount of the Notes, plus accrued interest, if any, from August 20, 2026 to the date of delivery
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| Underwriting Discount: | 0.450% | ||||
| Net Proceeds To Issuer Before Expenses: | $745,170,000 | ||||
| Spread to Benchmark Treasury: |
T + 120 bps
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| Benchmark Treasury: |
UST 4.625% due August 15, 2036
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| Benchmark Treasury Price and Yield: |
99-06+ / 4.726%
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| Coupon: | 5.900% | ||||
| Yield to Maturity: | 5.926% | ||||
| Interest Payment Dates: |
Semi-annually in arrears on February 20 and August 20 of each year, commencing February 20, 2027
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Day Count Convention:
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30/360
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Denominations:
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$2,000 and integral multiples of $1,000 in excess thereof
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Optional Redemption:
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Callable at any time prior to May 20, 2036, at a make-whole call of Treasury Rate plus 20 basis points, plus accrued and unpaid interest to the redemption date; par call on or after May 20, 2036
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CUSIP:
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21871X AV1
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ISIN:
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US21871XAV10
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Joint Book-Running Managers:
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BofA Securities, Inc.
BNP Paribas Securities Corp.
Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
RBC Capital Markets, LLC
Wells Fargo Securities, LLC
PNC Capital Markets LLC
U.S. Bancorp Investments, Inc.
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Co-Managers:
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Barclays Capital Inc.
KeyBanc Capital Markets Inc.
SMBC Nikko Securities America, Inc.
Truist Securities, Inc.
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