Debevoise & Plimpton LLP advised American International Group, Inc. (NYSE: AIG) and Corebridge Financial, Inc. (NYSE: CRBG) in AIG’s secondary public offering of 74.75 million shares of Corebridge Financial common stock at $16.25 per share, including the full exercise by the underwriters of their option to purchase an additional 9.75 million shares. For more information, please see AIG’s press release.
AIG is a leading global insurance organization. With more than $365 billion in assets under management and administration as of March 31, 2023, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States.
The Debevoise team was led by capital markets partners Paul Rodel and Eric Juergens and included associates Thomas DeMarzo, Alice Gu, Candice Jones, Paul Lowry, Amy Pereira, Samuel Siegel and Ashley Yoon, international associate John Jacob and law clerk Sarah Min, executive compensation & employee benefits partner Michael Snypes Jr. and associate Spencer Mizerak and insurance partner Marilyn Lion and associate Paulina Stanfel.