Corebridge Financial Announces Launch of Secondary Offering of Common Stock by AIG

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)

Tags

08/06/2025 - 04:12 PM

HOUSTON--(BUSINESS WIRE)-- Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the selling stockholder, is offering 30 million existing shares of common stock (out of approximately 538 million total shares of common stock outstanding) of Corebridge Financial and has granted a 30-day option to the underwriter to purchase up to an additional 4.5 million shares. All of the net proceeds from the offering will go to AIG.

Morgan Stanley & Co. LLC is acting as the underwriter for the offering.

The proposed offering of common stock is being made only by means of a prospectus and accompanying prospectus supplement. Copies of the prospectus and accompanying prospectus supplement relating to the offering may be obtained from: Morgan Stanley & Co. LLC, via mail at 180 Varick Street, 2nd Floor, New York, NY 10014.

A registration statement relating to these securities was filed with the U.S. Securities and Exchange Commission (“SEC”) on November 6, 2023, and became effective automatically. The registration statement may be obtained free of charge at the SEC’s website at www.sec.gov (EDGAR/Company Filings) under “Corebridge Financial, Inc.” 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.

About Corebridge Financial

Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $415 billion in assets under management and administration as of June 30, 2025, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures.