Corebridge Financial, Inc. $750,000,000 5.750% Senior Notes due 2034 Underwriting AgreementUnderwriting Agreement • December 8th, 2023 • Corebridge Financial, Inc. • Life insurance
Issuer: Corebridge Financial, Inc. Offering Format: SEC Registered Security Title: 5.750% Senior Notes due 2034 (the “Notes”) Expected Ratings (Moody’s/S&P/Fitch)*: Baa2 (Stable) / BBB+ (Stable) / BBB+ (Stable) Ranking: Senior Unsecured Trade Date: December 5, 2023 Settlement Date**: December 8, 2023 (T+3) Maturity Date: January 15, 2034 Aggregate Principal Amount: $750,000,000 Price to Public: 99.808% of principal amount plus accrued interest, if any, from December 8, 2023 Gross Underwriting Discount: 0.450% Net Proceeds To Issuer Before Expenses: $745,185,000 Spread to Benchmark Treasury: T + 160 bps Benchmark Treasury: UST 4.500% due November 15, 2033 Benchmark Treasury Price and Yield: 102-20 / 4.174% Coupon: 5.750% Yield to Maturity: 5.774%
