Corebridge Financial in its public offering of $500 million of 6.875% fixed rate reset non-cumulative preferred stock.
Debevoise & Plimpton LLP has advised Corebridge Financial, Inc. (NYSE: CRBG) in its public offering of 500,000 shares of 6.875% fixed rate reset non-cumulative preferred stock, Series A, with a liquidation preference of $1,000 per share for gross proceeds of approximately $495 million. The transaction marks the first preferred stock issuance by Corebridge Financial. Read More>