American National Group announces public offering

American National Group Inc. (NYSE:ANAT), a leading life insurance company, announced today the initiation of a public offering for its senior unsecured notes. This move, subject to market conditions, leverages the company's shelf registration statement.

The Galveston, Texas-based insurer, previously known as American Equity Investment Life (NYSE:AEL) Holding Co., aims to raise capital through the issuance of these notes. The company's registration statement on Form S-3, filed under No. 333-281155, includes the offering of these debt instruments.

The offering details, including the size and terms, have not been disclosed and are said to depend on prevailing market conditions. The notes will be offered only by means of a prospectus supplement and accompanying prospectus.

American National Group, incorporated in Delaware and listed on the New York Stock Exchange under the symbols ANGpA and ANGpB for its preferred stock, is utilizing this offering to supplement or update certain prior disclosures.

This announcement follows the company's recent update to its business address, now located at One Moody Plaza, Galveston, Texas, with the previous address being 6000 Westown Parkway, West Des Moines, IA.

Investors are cautioned that this report contains forward-looking statements based on current management expectations, which are subject to risks, uncertainties, and assumptions. These could lead to actual results differing materially from those anticipated, should market conditions or other factors change.

The information provided here is based on a press release statement and does not constitute an offer to sell or a solicitation of an offer to buy the notes. The offering is not authorized in jurisdictions where it would be unlawful or where the solicitor is not qualified to make such offers.

American National Group's Chief Financial Officer & Executive Vice President, Reza Syed, confirmed the offering's commencement as of today. The company's latest strategic move is being closely watched by investors and market analysts for its potential impact on the company's financial positioning.

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