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F&G Annuities & Life Announces Cash Tender Offer for Up to $250,000,000 Aggregate Principal Amount of Fidelity & Guaranty Life Holdings Outstanding 5 50% Senior Notes Due 2025

F&G Annuities & Life, Inc. ("F&G" or the "Company") today announced the commencement of a cash tender offer (the "Tender Offer") by its wholly owned subsidiary Fidelity & Guaranty Life Holdings, Inc. ("FGLH"), for up to $250,000,000 aggregate.

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