F&G Annuities & Life Prices Common Share Offering

, MT Newswires -  4:39 AM ET 3/21/2025 default

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04:39 AM EDT, 03/21/2025 (MT Newswires) -- F&G Annuities & Life ( FG ) said late Thursday it priced a public offering of 8 million common shares at $35 each.

Underwriters have a 30-day option to purchase up to an additional 1.2 million shares.

Fidelity National Financial ( FNF ) , F&G's majority shareholder, will purchase 4.5 million shares from the underwriters at a price paid by the underwriters of $33.60 apiece, the company said.

The offering, expected to close Monday, will generate proceeds for general corporate purposes.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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