AIG raises $1.1bn in Corebridge offering
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AIG raises $1.1bn in Corebridge offering

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AIG has priced the secondary offering of Corebridge Financial common stock at $16.25 per share for about $1.1bn in proceeds.

The offering is expected to close on June 12, subject to customary closing conditions.

AIG offered 65 million existing shares of common stock, or about 10% of approximately 648 million total shares outstanding, and has granted a 30-day option to...

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