April 16, 2018 / 1:35 PM / 3 months ago

BRIEF-FGL Holdings Announces Proposed Notes Offering

April 16 (Reuters) - FGL Holdings:

* FGL HOLDINGS ANNOUNCES PROPOSED NOTES OFFERING

* FGL HOLDINGS - UNIT PLANS TO OFFER APPROXIMATELY $550 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2025

* FGL HOLDINGS - EXPECTS TO USE PROCEEDS OF OFFERING TO REPAY $135 MILLION OF BORROWINGS UNDER REVOLVING CREDIT FACILITY, OTHER USES

* FGL HOLDINGS - EXPECTS TO USE NET PROCEEDS OF OFFERING PARTLY TO REPAY $135 MILLION OF BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY AND RELATED EXPENSES Source text for Eikon: Further company coverage:

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