Equitable Holdings, Inc. announced on August 25, 2025, the commencement of a cash tender offer to purchase up to $500 million aggregate principal amount of its outstanding debt securities. The offer targets specific series of notes, including 4.350% Senior Notes due 2028, 7.000% Senior Debentures due 2028, and 5.000% Senior Notes due 2048.
This tender offer is part of Equitable's ongoing strategy to proactively manage its debt portfolio and optimize its capital structure. The company has set a Series Cap for each series of notes, with a maximum of $350 million for the 4.350% Senior Notes due 2028 and $50 million for the 7.000% Senior Debentures due 2028.
Holders who validly tender their notes before the Early Tender Deadline of September 8, 2025, will receive an Early Tender Premium of $50 per $1,000 principal amount. This initiative aims to reduce outstanding debt and potentially lower future interest expenses, enhancing the company's financial flexibility.
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