Equitable Holdings Inks $500 Million Term Loan, Launches $1.8 Billion Tender Offer for AllianceBernstein Units

Equitable Holdings, Inc. announced two significant financial transactions earlier this week. On February 21, 2025, the company’s subsidiaries executed a 364-day Term Loan Credit Agreement securing a $500 million senior unsecured delayed-draw term loan. The borrowing is structured to finance an upcoming tender offer as well as to cover related fees and expenses. The loan […]

Feb 26, 2025 - 08:07
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Equitable Holdings Inks $500 Million Term Loan, Launches $1.8 Billion Tender Offer for AllianceBernstein Units
Equitable Holdings, Inc. announced two significant financial transactions earlier this week. On February 21, 2025, the company’s subsidiaries executed a 364-day Term Loan Credit Agreement securing a $500 million senior unsecured delayed-draw term loan. The borrowing is structured to finance an upcoming tender offer as well as to cover related fees and expenses. The loan […]