ST. LOUIS--(BUSINESS WIRE)--Nov. 3, 2009--
Reinsurance Group of America, Incorporated (NYSE:RGA) announced today
that it has priced an aggregate principal amount of $400 million of
senior unsecured notes due 2019 pursuant to a public offering. RGA
expects to use the net proceeds from the offering for general corporate
purposes.
The notes have a 10-year final maturity, an issue price of 99.83 percent
and feature a fixed rate coupon of 6.45 percent, payable semiannually.
RGA expects to complete the offering on November 6, 2009, subject to
customary closing conditions.
This news release does not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the notes
in any state in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any
such states.
Copies of the prospectus and prospectus supplement relating to the notes
may be obtained by contacting Barclays Capital Inc., c/o Broadridge
Integrated Distribution Services, 1155 Long Island Avenue, New York, NY
11717 or by telephone at 888-603-5847 or email at barclaysprospectus@broadridge.com,
or UBS Securities LLC, Attention: Fixed Income Syndicate, 677 Washington
Boulevard, Stamford, Connecticut 06901 or by telephone at 877-827-6444
ext. 561-3884. Before you invest, you should read the prospectus and the
prospectus supplement, the registration statement and other documents
that RGA has filed with the Securities and Exchange Commission for more
complete information about RGA and this offering. Investors may also
obtain these documents for free by visiting the EDGAR system on the
SEC’s website at www.sec.gov
or from the underwriters with your request.
About Reinsurance Group of America
Reinsurance Group of America, Incorporated is among the largest global
providers of life reinsurance with subsidiary companies or offices in
Australia, Barbados, Bermuda, Canada, China, France, Germany, Hong Kong,
India, Ireland, Italy, Japan, Mexico, the Netherlands, Poland, South
Africa, South Korea, Spain, Taiwan, the United Kingdom and the United
States. Worldwide, the company has approximately $2.3 trillion of life
reinsurance in force, and assets of $24.2 billion.
Source: Reinsurance Group of America, Incorporated
Reinsurance Group of America, Incorporated
Jack B. Lay, 636-736-7000
Senior
Executive Vice President and Chief Financial Officer