American Equity Investment Life Holding Company

09/26/2024 | Press release | Distributed by Public on 09/26/2024 14:17

Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement.

On September 25, 2024, American National Group Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Wells Fargo Securities, LLC, BMO Capital Markets Corp. and BNP Paribas Securities Corp., as representatives for the several underwriters (the "Underwriters"), pursuant to which the Company agreed to issue and sell to the Underwriters $600,000,000 aggregate principal amount of the Company's 5.750% Senior Notes due 2029 in a registered public offering (the "Offering") pursuant to the Company's shelf registration statement on Form S-3 (Registration No. 333-281155). The Company intends to use the net proceeds of the Offering to repay a portion of the outstanding indebtedness under its term loan credit facility.

The description of the Underwriting Agreement contained herein is qualified in its entirety by reference to the full text of the Underwriting Agreement, a copy of which is filed as Exhibit 1.1 hereto and incorporated by reference herein.