On November 21, 2013, Harbinger Group Inc.’s wholly-owned subsidiary, Fidelity & Guaranty Life (“FGL”), filed an amendment to its registration statement on Form S-1 with the Securities and Exchange Commission relating to its proposed initial public offering of its common stock, which contains, among other things, FGL’s audited financial statements as of September 30, 2013. Interested parties should read FGL’s announcements and public filings, including filings with the Securities and Exchange Commission, with respect to the foregoing.
All of the shares in the proposed offering will be offered by the issuer, FGL. Harbinger Group Inc. is not a selling stockholder in the offering. The offering of FGL’s common stock will be made only by means of a prospectus. When available, a written prospectus (other than any free writing prospectus as defined in Rule 405) may be obtained by contacting Credit Suisse Securities (USA) LLC, Prospectus Department at One Madison Avenue, New York, New York 10010-3629, USA; telephone number: +1 (800) 221-1037 or email: newyork.prospectus@credit-suisse.com. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
Forward-Looking Statements:
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: Some of the statements contained herein and certain oral statements made by our representatives from time to time regarding the matters described herein, including the FGL offering, are or may be forward-looking statements. Such forward-looking statements are based upon current expectations that are subject to risks and uncertainties that could cause actual results, events and developments to differ materially from those set forth in or implied by such forward-looking statements. These statements and other forward-looking statements made from time-to-time by the registrant and its representatives are based upon certain assumptions and describe future plans, strategies and expectations of the registrant, and are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may” or similar expressions. Factors that could cause actual results, events and developments to differ include, without limitation: market conditions, the ability of the registrant’s subsidiaries (including, target businesses following their acquisition) to generate sufficient net income and cash flows to make upstream cash distributions, the registrant and its subsidiaries ability to identify any suitable future acquisition opportunities, efficiencies/cost avoidance, cost savings, income and margins, growth, economies of scale, combined operations, future economic performance, conditions to, and the timetable for, completing the integration of financial reporting of acquired or target businesses with the registrant or the registrant’s subsidiaries, completing future acquisitions and dispositions, litigation, potential and contingent liabilities, management’s plans, changes in regulations, taxes and the risks that may affect the performance of the operating subsidiaries of the registrant and those factors listed under the caption “Risk Factors” in the registrant’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. The registrant does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operation results.