Corebridge Financial Files 8-K on Financial Obligations

TL;DR

CRBG filed an 8-K, looks like new debt or off-balance sheet stuff. Keep an eye on it.

AI Summary

Corebridge Financial, Inc. filed an 8-K on September 12, 2024, reporting events that occurred on September 5, 2024. The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, along with other events and financial statements/exhibits. The company is incorporated in Delaware and headquartered in Houston, Texas.

Why It Matters

This 8-K filing signals potential new financial commitments or arrangements for Corebridge Financial, which could impact its financial structure and future obligations.

Risk Assessment

Risk Level: medium — The filing pertains to financial obligations, which inherently carry financial risk that could impact the company's stability and investor confidence.

Key Players & Entities

• Corebridge Financial, Inc. (company) — Registrant
• 2919 Allen Parkway, Woodson Tower, Houston, Texas 77019 (location) — Principal Executive Offices
• Delaware (location) — State of Incorporation
• September 12, 2024 (date) — Date of Report
• September 5, 2024 (date) — Date of Earliest Event Reported

FAQ

Key Financial Figures

• $750,000,000 — l, Inc. ("Corebridge"), issued and sold $750,000,000 aggregate principal amount of its 6.375
• $250 million — suance of the Notes to repay all of the $250 million aggregate principal amount currently dr

Filing Documents

• crbg-20240905.htm (8-K) — 33KB
• exhibit11-closing8xk.htm (EX-1.1) — 246KB
• exhibit42-closing8xk.htm (EX-4.2) — 211KB
• exhibit51-closing8xk.htm (EX-5.1) — 13KB
• dplogo.jpg (GRAPHIC) — 8KB
• 0001628280-24-040246.txt ( ) — 751KB
• crbg-20240905.xsd (EX-101.SCH) — 2KB
• crbg-20240905_def.xml (EX-101.DEF) — 15KB
• crbg-20240905_lab.xml (EX-101.LAB) — 26KB
• crbg-20240905_pre.xml (EX-101.PRE) — 15KB
• crbg-20240905_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events In connection with the issuance and sale of the Notes, Corebridge entered into an Underwriting Agreement, dated September 5, 2024 (the "Underwriting Agreement"), among Corebridge and BNP Paribas Securities Corp., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representatives of the underwriters named in Schedule I thereto. The following documents relating to the sale of the Notes are filed as exhibits to this Current Report on Form 8-K and are incorporated herein by reference: Underwriting Agreement, dated September 5, 2024, between Corebridge and BNP Paribas Securities Corp., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representatives of the underwriters named in Schedule I thereto; Indenture, dated August 23, 2022, between Corebridge and The Bank of New York Mellon, as Trustee; Second Supplemental Indenture, dated September 12, 2024, between Corebridge and The Bank of New York Mellon, as Trustee, relating to the Notes; Form of the Notes; and Opinion of Debevoise & Plimpton LLP, relating to the validity of the Notes.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits. 1.1 Underwriting Agreement, dated September 5, 2024, among Corebridge and BNP Paribas Securities Corp., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representatives of the underwriters named in Schedule I thereto. 4.1 Indenture, dated August 23, 2022, between Corebridge and The Bank of New York Mellon, as Trustee, incorporated by reference to Exhibit 4. 8 to Corebridge Financial, Inc.'s Registration Statement on Form S-1, filed on September 12, 2022 (File No. 333-263898). 4.2 Second Supplemental Indenture, dated September 12, 2024, between Corebridge and The Bank of New York Mellon, as Trustee, relating to the Notes. 4.3 Form of the Notes (included in Exhibit 4.2). 5.1 Opinion of Debevoise & Plimpton LLP. 23.1 Consent of Debevoise & Plimpton LLP (contained in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 12, 2024 Corebridge Financial, Inc. By: /s/ Christine Nixon Name: Christine Nixon Title: Executive Vice President, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR