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Article: Reinsurance Group of America Announces Pricing of Senior Notes.
- Article from:
- Business Wire
- Article date:
- November 4, 2009
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ST. LOUIS -- 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 ...