The IPO price is currently expected to be between USD 21 and USD 24 per share. All of the net proceeds from the offering will go to AIG.
The shares are expected to trade on the New York Stock Exchange under the ticker symbol “CRBG.”
J.P. Morgan is acting as Global Coordinator and a Lead Active Bookrunner for the proposed offering. Morgan Stanley and Piper Sandler are also acting as Lead Active Bookrunners for the proposed offering. BofA Securities, Citigroup and Goldman Sachs & Co. LLC are acting as Active Bookrunners for the proposed offering.
The proposed offering of these securities will be made only by means of a prospectus. A registration statement relating to the proposed IPO has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
Scan here to download the app