Equitable Holdings, Inc. announced on September 8, 2025, the early results of its cash tender offer for outstanding debt securities. A total of $1,068,736,000 in aggregate principal amount of notes were validly tendered and not validly withdrawn by the Early Tender Deadline.
The company increased the Series Cap for Acceptance Priority Level 1, allowing it to accept up to $500,000,000 aggregate principal amount of its 4.350% Senior Notes due 2028. These notes were accepted with a proration factor of 66.5%.
Due to the high volume of tenders for the highest priority notes, Equitable Holdings does not expect to accept any further tenders for notes after the Early Tender Deadline, including those in Acceptance Priority Levels 2 and 3. This successful early tender offer demonstrates the company's effective debt management strategy.
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