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F&G Annuities & Life, Inc. Financial Report: Insights on Stocks & Senior Notes

$FG
Form 8-K
Filed on: 2025-01-07
Source
F&G Annuities & Life, Inc. Financial Report: Insights on Stocks & Senior Notes

Based on the provided section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Identification:
  • Company Name: F&G Annuities & Life, Inc.
  • CIK: 0001934850
  • SEC File Number: 001-41490
  • Tax ID: 85-2487422
  • Address: 801 Grand Avenue, Suite 2600, Des Moines, IA 50309
  • Phone: 866-846-4660
  1. Reporting Date:
  • The report is dated January 6, 2025.
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001
    • Ticker Symbol: FG
    • Exchange: NYSE
  • Senior Notes:
    • 7.950% Senior Notes due 2053
    • Ticker Symbol: FGN
    • Exchange: NYSE
  1. Segmentation:
  • The report includes specific segments related to the company’s equity and debt instruments:
    • Common Stock Member: Indicates the reporting includes common stock information.
    • Senior Notes Member: Indicates the reporting includes details regarding the 7.950% Senior Notes due in 2053.
  1. Contextual Metadata:
  • The report is structured using XBRL (eXtensible Business Reporting Language), which is used for financial reporting by public companies to enable easier data sharing and analysis.
  1. Key Financial Instruments:
  • The presence of senior notes at a fixed rate of 7.950% suggests a fixed liability that will mature in 2053, which can impact the company’s long-term financial planning, interest expenses, and cash flow management.

Insights:

  • The information indicates that F&G Annuities & Life, Inc. is actively involved in funding through both equity (common stock) and debt (senior notes), which reflects a diversified capital structure.
  • The specific mention of senior notes due in 2053 suggests long-term borrowing strategies and a commitment to servicing this debt over an extended period. This also indicates the company may have confidence in its long-term cash flow generation.
  • The report's date being set in the future (2025) might indicate it is a forward-looking statement or projection, which could be relevant for investors assessing the company's future performance and financing strategies.

This extracted information provides a snapshot of the company's financial position and instruments as of the specified date.