Corebridge Financial Announces Effectiveness of Form S-4 Registration Statement and Launch of Exchange Offer

Corebridge Financial, Inc. (the “Company”) announced today that effective at 10:00 a.m. EDT on April 26, 2023, the U.S. Securities and Exchange Commission declared effective its previously filed Registration Statement on Form S-4 for the exchange of up to $1.0 billion aggregate principal amount of its outstanding 3.500% Senior Notes due 2025 (the “Old 3.500% Senior Notes”), up to $1.25 billion aggregate principal amount of its outstanding 3.650% Senior Notes due 2027 (the “Old 3.650% Senior Notes”), up to $1.0 billion aggregate principal amount of its outstanding 3.850% Senior Notes due 2029 (the “Old 3.850% Senior Notes”), up to $1.5 billion aggregate principal amount of its outstanding 3.900% Senior Notes due 2032 (the “Old 3.900% Senior Notes”), up to $500 million aggregate principal amount of its outstanding 4.350% Senior Notes due 2042 (the “Old 4.350% Senior Notes”), up to $1.25 billion aggregate principal amount of its outstanding 4.400% Senior Notes due 2052 (the “Old 4.400% Senior Notes” and, together with the Old 3.500% Senior Notes, Old 3.650% Senior Notes, Old 3.850% Senior Notes, Old 3.900% Senior Notes and Old 4.350% Senior Notes, the “Old Senior Notes”) and up to $1.0 billion aggregate principal amount of its outstanding 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 (the “Old Hybrid Notes” and, together with the Old Senior Notes, the “Old Notes”), for a like principal amount of its 3.500% Senior Notes due 2025 (the “New 3.500% Senior Notes”), 3.650% Senior Notes due 2027 (the “New 3.650% Senior Notes”), 3.850% Senior Notes due 2029 (the “New 3.850% Senior Notes”), 3.900% Senior Notes due 2032 (the “New 3.900% Senior Notes”), 4.350% Senior Notes due 2042 (the “New 4.350% Senior Notes”), 4.400% Senior Notes due 2052 (the “New 4.400% Senior Notes” and, together with the New 3.500% Senior Notes, New 3.650% Senior Notes, New 3.850% Senior Notes, New 3.900% Senior Notes and New 4.350% Senior Notes, the “New Senior Notes”) and 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2052 (the “New Hybrid Notes” and, together with the New Senior Notes, the “New Notes”), respectively, which have been registered under the Securities Act of 1933, as amended.