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Equitable Financial Life Insurance holds fixed income investor calls for debut bond offering
By Cristal Cody
Tupelo, Miss., June 24 – Equitable Holdings, Inc. subsidiary Equitable Financial Life Insurance Co. (A2/A+) plans to price an inaugural offering of notes, according to a market source.
The company held fixed income investor calls for the deal on Wednesday.
BNP Paribas Securities Corp., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the bookrunners.
Equitable Holdings, formerly known as AXA Equitable Holdings, Inc., is a New York-based insurance holding company.
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