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RGA - Reinsurance Group of America prices $400M senior notes
Reinsurance Group of America Incorporated
2023-06-05 16:39:43 ET
Reinsurance Group of America ( NYSE: RGA ) said Monday it has priced a $400M public offering of 6.000% senior notes due 2033.
Net proceeds from the offering is expected to be used to repay upon maturity its $400M 4.70% senior notes due 2023, which mature on Sept. 15, 2023, and the remainder, if any, for general corporate purposes.
The 2033 notes offering, which have an issue price of 99.639%, are expected to be completed to be completed on June 8, 2023.