Global Atlantic launches private offering of senior notes due 2029

Chicago, Sept. 23 – Global Atlantic (Fin) Co., a wholly owned subsidiary of Global Atlantic Financial Group Ltd., began a private offering of senior notes due 2029, according to a notice.

The notes will be guaranteed on a senior unsecured basis by the parent.

Proceeds from the Rule 144A and Regulation S offering will be used to repay borrowings under the company’s revolving credit facility which matures in May 2023 and for general corporate purposes.

Global Atlantic is a provider of retirement and life insurance products.

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