Equitable Holdings, Inc. announced the early results of its previously announced cash tender offer (the ?Tender Offer?) to purchase the outstanding debt securities listed in the table below (collectively, the ?Notes? and each a ?Series? of Notes).

Additionally, the Company announced the increase of the maximum aggregate purchase price from $500,000,000 to an amount sufficient to accept up to $569,289,000 aggregate principal amount of the Notes (the ?Maximum Aggregate Purchase Price?). The Company has also increased the Series Cap for Acceptance Priority Level 3 so as to accept up to $195,000,000 aggregate principal amount of the Notes in Acceptance Priority Level 3 that were validly tendered and not validly withdrawn as of the Early Tender Deadline. Capitalized terms used in this press release and not defined herein have the meanings given to them in the Offer to Purchase, dated June 3, 2024 (the ?Offer to Purchase?).

According to the information provided by Global Bondholder Services Corporation, $1,076,477,000 in aggregate principal amount of the Notes were validly tendered and not validly withdrawn as of the Early Tender Deadline. In addition, the aggregate principal amount of each Series of Notes that were validly tendered and not validly withdrawn as of the Early Tender Deadline. Holders of Notes validly tendered and not validly withdrawn before the Early Tender Deadline and accepted for purchase will be eligible to receive the applicable Total Tender Offer Consideration, which includes an Early Tender Premium of $30 per $1,000 principal amount of Notes.

The applicable Total Tender Offer Consideration will be determined by reference to a fixed spread specified for such Series of Notes over the yield based on the bid-side price of the applicable U.S. Treasury Security, as described in the Offer to Purchase. The Total Tender Offer Consideration will be calculated by the Lead Dealer Manager (identified below) for the Tender Offer at 10:00 a.m., New York City time, June 17, 2024. All payments for Notes purchased in connection with the Early Tender Deadline will also include accrued and unpaid interest on the principal amount of Notes tendered and accepted for purchase from the last interest payment date applicable to the relevant Series of Notes up to, but not including, the early settlement date, which is currently expected to be June 20, 2024 (the ?Early Settlement Date?).

In accordance with the terms of the Tender Offer, the withdrawal deadline was 5:00 p.m., New York City time, on June 14, 2024. As a result, tendered Notes may no longer be withdrawn, except in certain limited circumstances where additional withdrawal rights are required by law (as determined by the Company).