ST. LOUIS--(BUSINESS WIRE)--Sep. 19, 2013--
Reinsurance Group of America, Incorporated (NYSE:RGA) announced today
that it has priced an aggregate principal amount of $400 million of 4.70
percent senior notes due 2023 pursuant to a public offering. RGA expects
to use the net proceeds from the offering for general corporate purposes.
J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith
Incorporated and UBS Securities LLC are acting as the joint book-running
managers.
The notes have a 10-year final maturity, an issue price of 99.623
percent and feature a fixed rate coupon of 4.70 percent, payable
semiannually. RGA expects to complete the offering on September 24,
2013, 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 or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. This offering is
being made solely by means of a prospectus and prospectus supplement.
Copies of the prospectus and prospectus supplement relating to the notes
may be obtained by contacting J.P. Morgan Securities LLC at 383 Madison
Avenue, New York, NY 10179, Attention: High Grade Syndicate Desk — 3rd
floor, or by calling 1-212-834-4533, from Merrill Lynch, Pierce, Fenner
& Smith Incorporated at One Bryant Park, New York, NY 10036, Attention:
High Grade Syndicate Desk or by calling 1-800-294-1322, or from UBS
Securities LLC at 299 Park Avenue, New York, NY 10171, Attention:
Prospectus Specialist or by calling 1-877-827-6444, 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 (the “SEC”) 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 by contacting 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 operations in Australia, Barbados,
Bermuda, Canada, China, France, Germany, Hong Kong, India, Ireland,
Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Poland,
Singapore, South Africa, South Korea, Spain, Taiwan, the United Arab
Emirates, the United Kingdom and the United States. Worldwide, the
company has approximately $2.8 trillion of life reinsurance in force,
and assets of $38.8 billion.
Source: Reinsurance Group of America, Incorporated
Reinsurance Group of America, Incorporated
John W. Hayden,
636-736-7000
Senior Vice President – Controller
