05:11 PM EDT, 08/25/2025 (MT Newswires) -- Equitable (EQH) said Monday it has launched a cash tender offer to buy up to $500 million in outstanding debt securities.

The offer includes 4.35% senior notes due 2028, 7% senior debentures due 2028, and 5% senior notes due 2048, the company said.

The company added that it set caps of $350 million for the 4.35% notes and $50 million for the 7% notes, while no cap was set for the 2048 notes.

Pricing will be based on specific US Treasury benchmarks plus a fixed spread, with an early tender premium of $50 per $1,000 principal offered, according to the company.

The company may change the caps or total purchase amount, or withdraw the offer entirely, Equitable said.

The offer is set to expire on September 23, 2025, unless extended, the company added.