Aflac Incorporated has established two contingent funding arrangements totaling $2 billion through the issuance of Pre-Capitalized Trust Securities via the 2035 and 2055 Trusts. These facilities provide the company with the right to issue up to $1 billion each in senior notes due 2035 and 2055, granting flexible access to long-term capital and U.S. Treasury assets. This structure serves as a significant liquidity backstop, offering Aflac a mechanism to bolster its capital position if certain financial thresholds are met.
