Financing ·
Jackson Financial Inc. issued $750 million in 6.150% Senior Notes due 2037, which mature on January 15, 2037
JXNJackson Financial Inc.
Jackson Financial Inc. issued $750 million in 6.150% Senior Notes due 2037, which mature on January 15, 2037. The notes are unsecured and pay interest semi-annually on January 15 and July 15, with the first payment commencing July 15, 2026. Net proceeds are expected to be used for general corporate purposes, including the potential repayment of $400 million in 5.170% Senior Notes due 2027 and $250 million in surplus notes due 2027. Jackson Financial Inc. operates in the financial services industry, providing life insurance and retirement services.