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Prospect News home > News index > List of issuers F > Headlines for F&G Annuities & Life, Inc. > News item |
Fitch rates F&G Annuities notes BBB-
Fitch Ratings said it rated F&G Annuities & Life, Inc.'s $345 million issuance of 7.95% senior unsecured notes.
The notes will be guaranteed by each of F&G's subsidiaries that are guarantors under its credit agreement, but will not be explicitly guaranteed by its parent Fidelity National Financial.
“The notes have been assigned a rating one notch below F&G's long-term issuer default rating, which reflects standard notching as described in Fitch's insurance rating criteria,” the agency said in a press release.
F&G will use the proceeds for general corporate purposes.
The outlook is stable.
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