Corebridge Financial, Inc.

Corebridge Financial, Inc. (CRBG) priced its initial public offering on Sep 16, 2022 at $21.00 per share, within its $21.00–$24.00 range, and listed on NYSE. At the IPO price its market capitalization was about $13.54B. J.P. Morgan was lead-left underwriter, joined by BofA Securities, Morgan Stanley and Citigroup and others. Cleary Gottlieb advised the underwriters.

Corebridge Financial, Inc. is a provider of individual annuities, including fixed, fixed index and variable annuities with optional lifetime income and death benefits. It also provides retirement plans and services to employees of K-12 schools, higher education, healthcare, government and other tax-exempt organizations.

Status

IPO

Ticker

CRBG

Exchange

NYSE

Priced

Sep 16, 2022

IPO price

$21.00

Price range

$21.00–$24.00

Market cap at IPO price

$13.54B

First filed

Mar 28, 2022

Underwriters

J.P. Morgan, BofA Securities, Morgan Stanley, Citigroup, Piper Sandler, Goldman Sachs, Deutsche Bank, Evercore ISI, HSBC, Jefferies, Mizuho and SMBC Nikko

Underwriters' counsel

Cleary Gottlieb

Sector

Financials

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.