{"id":19222,"date":"2026-06-11T00:54:00","date_gmt":"2026-06-10T22:54:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=5347f2e7af816b469380f8ea627d97fd"},"modified":"2026-06-11T00:54:00","modified_gmt":"2026-06-10T22:54:00","slug":"fortitude-re-completes-500-million-fabn-issuance","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=19222","title":{"rendered":"Fortitude Re Completes $500 Million FABN Issuance"},"content":{"rendered":"

HAMILTON, Bermuda--(BUSINESS WIRE)--FGH Parent, L.P., (\u201cFGP\u201d and together with its subsidiaries, \u201cFortitude Re\u201d), a leading global reinsurance company, today announced that Fortitude Life Insurance & Annuity Company (\u201cFLIAC\u201d) has completed its second funding agreement backed notes (\u201cFABN\u201d) offering to institutional investors, scheduled to settle June 12, 2026. The notes will be issued by Fortitude Global Funding (the \u201cIssuer\u201d), an unaffiliated Delaware statutory trust, and are backed by a funding agreement issued by FLIAC.<\/p><\/a><\/a>

\n\u201cOur second FABN issuance reflects our continued engagement with fixed income investors and their confidence in Fortitude Re,\u201d said Alan Stewart, Treasurer, Fortitude Re. \u201cBuilding on the success of our inaugural transaction, this offering further diversifies our funding sources, enhances financial flexibility, and supports our ability to deliver sustainable value for policyholders, clients, and stakeholders.\u201d<\/p>

\nThe Issuer has priced a private offering of $500 million aggregate principal amount of 5.50% notes due June 12, 2031 (the \u201cNotes\u201d).<\/p>

\nThe proceeds from the Issuer will be used to purchase a funding agreement from FLIAC. The Notes carry ratings of A- from Fitch and A3 from Moody\u2019s, consistent with FLIAC\u2019s financial strength ratings.<\/p>

\nAbout Fortitude Re\n<\/b>Fortitude Re is a leading global reinsurer with more than $100 billion in reserves. Backed by world-class investors, including Carlyle and T&D Insurance Group, Fortitude Re combines deep expertise, disciplined execution, and a strong capital base to help clients navigate significant risk and capital challenges. Powered by a people-first culture that attracts, develops, and retains top industry talent, the company delivers innovative, tailored solutions that create lasting value for clients, partners, and policyholders. For more information, visit fortitude-re.com<\/a> and follow Fortitude Re on LinkedIn<\/a>.<\/p> Contacts<\/b>

\nInvestor Relations Contact: Tanmay Gupta\n646-630-6800\nTanmay.Gupta@fortitude-re.com<\/a>\nMedia Contact: Mary Beth Conklin\n423-596-1449\nMarybeth.Conklin@fortitude-re.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

HAMILTON, Bermuda–(BUSINESS WIRE)–FGH Parent, L.P., (\u201cFGP\u201d and together with its subsidiaries, \u201cFortitude Re\u201d), a leading global reinsurance company, today announced that Fortitude Life Insurance & Annuity Company (\u201cFLIAC\u201d) has completed its seco…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19222","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/19222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19222"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/19222\/revisions"}],"predecessor-version":[{"id":19223,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/19222\/revisions\/19223"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}