Harbinger Group Inc.
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SEC Filings

8-K
HRG GROUP, INC. filed this Form 8-K on 02/05/2016
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HRG State of the Business 5 Consumer Products Asset Management Energy Other Insurance & Reinsurance  Strong organic topline growth on a currency- consistent basis  Synergies expected from AAG acquisition are on- track to be realized  Record fiscal year expected for revenue, Adjusted EBITDA, cash flow 1. Reflects the aggregate principal amount of debt outstanding at HRG as of December 31, 2015, excluding issuance discounts, and does not give effect to debt held by the subsidiaries. 2. As of December 31, 2015; includes $25.1 billion of assets held for sale related to Fidelity & Guaranty Life. 3. As of December 31, 2015, corporate cash, cash equivalents and investments held at HRG.  Debt1: $1.75BN  Consolidated Assets2: ~$35.0BN  Cash and Investments3: $297.4MM  Transaction with Anbang progressing on track; expected close in upcoming 2nd quarter of calendar year  Expect to realize transaction proceeds tax efficiently  FGL now reflected as a discontinued operation in results  Closed sale of assets accounting for ~40% of segment’s 2015 revenue  Proceeds used to substantially delever, reducing HRG’s guarantee to $30 million  Ongoing focus on leverage & liquidity  Successful wind down of Salus’ operations  ABL portfolio down substantially  Substantial reduction in segment G&A expenses  Continuing focus on maximizing capital recovery  Significantly reducing operating expenses  De-levering at the HRG-level remains the priority  Committed to pursuing strategies that maximize shareholder value


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