安盛公平控股美股招股说明书(2025-03-13版)

6.700%Fixed-to-FixedReset Rate Junior Subordinated Debt Securities due 2055 The 6.700%Fixed-to-FixedReset Rate Junior Subordinated Debt Securities due 2055, or the “junior subordinated debt securities,” are our unsecured, subordinated debt instrumentsand will bear interest (i)from the date they are issued to, but excluding, March 28, 2035, at an annual rate of 6.700%, and (ii)from, and including, March 28, 2035, during each interest periodat an annual rate equal to the five-year Treasury rate as of the most recent reset interest determination date, in each case to be reset on each interest reset date, plus 2.390%. Interest will bepayable semi-annually in arrears on March 28 and September 28 of each year, beginning on September28, 2025. So long as no event of default with respect to the junior subordinated debtsecurities has occurred and is continuing, we have the right, on one or more occasions, to defer the payment of interest on the junior subordinated debt securities as described under“Description of the Junior Subordinated Debt Securities—Option to Defer Interest Payments” in this prospectus supplement for one or more consecutive interest periods up to five years.Deferred interest will accrue additional interest at an annual rate equal to the annual interest rate then applicable to the junior subordinated debt securities. See “Description of the JuniorSubordinated Debt Securities—Interest Rate and Interest Payment Dates” in this prospectus supplement for the definitions of “interest period,” “five-year Treasury rate,” “reset interestdetermination date” and “interest reset date.” The principal amount of the junior subordinated debt securities will become due on March 28, 2055. Payment of the principal on the junior subordinated debt securities will beaccelerated only in the case of our bankruptcy or certain other insolvency events with respect to us. There is no right of acceleration in the case of default in the payment of interest on thejunior subordinated debt securities or the performance of any of our other obligations with respect to the junior subordinated debt securities. We may redeem the junior subordinated debt securities at our option for cash, at the times and at the applicable redemption prices described in this prospectus supplement. The junior subordinated debt securities will be unsecured, subordinated and junior in right of payment to all our existing and future senior indebtedness (as defined in this prospectussupplement). All of our other existing indebtedness for money borrowed is senior to the junior subordinated debt securities. We do not intend to apply for listing of the junior subordinated debt securities on any securities exchange. The junior subordinated debt securities are not deposits or savings accounts or other obligations of any bank and are not insured or guaranteed by the Federal Deposit Insurance Investing in the junior subordinated debt securities involves risks. See a discussion of certain risks in the “Risk Factors” section beginning on pageS-9of thisprospectus supplement and the periodic reports we file with the Securities and Exchange Commission (the “SEC”) that should be carefully considered beforeinvesting in the junior subordinated debt securities. Neither the SEC nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus supplement orthe accompanying prospectus. Any representation to the contrary is a criminal offense. (1)Plus accrued interest from March 26, 2025, if any.(2)See “Underwriting” for a description of compensation to the underwriters. The underwriters expect to deliver the junior subordinated debt securities through the facilities of The Depository Trust Company (“DTC”) for the accounts of its participants,including Clearstream Banking, S.A. (“Clearstream”) and Euroclear Bank SA/NV (“Euroclear”), against payment in New York, New York on or about March 26, 2025. Table of Contents TABLE OF CONTENTSPROSPECTUS SUPPLEMENT ABOUT THIS PROSPECTUS SUPPLEMENTPROSPECTUS SUPPLEMENT SUMMARYRISK FACTORSSPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATIONUSE OF PROCEEDSCAPITALIZATIONDESCRIPTION OF THE JUNIOR SUBORDINATED DEBT SECURITIESCERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONSERISA CONSIDERATIONSUNDERWRITINGWHERE YOU CAN FIND MORE INFORMATIONEQUITABLE HOLDINGS, INC. FILINGSLEGAL MATTERSEXPERTS PROSPECTUS ABOUT THIS PROSPECTUSCERTAIN IMPORTANT TERMSMARKET AND INDUSTRY DATASERVICE MARKS, TRADEMARKS AND TRADE NAMESOUR COMPANYRISK FACTORSSPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATIONUSE OF PROCEEDSDESCRIPTION OF DEBT SECURITIESDESCRIPTION OF JUNIOR SUBORDINATED DEBT SECURITIESDESCRIPTION OF CAPITAL STOCKDESCRIPTION OF DEPOSITARY SHARESDESCRIPTION OF WARRANTSDESCRIPTION OF PURCHASE CONTRACTSDESCRIPTION OF UNITS Table of Contents We have not, and the underwriters have not, authorized anyone to provide you with information