Reinsurance Group of America 5.75% Fixed to Floating Rate Sub Debenture Due 2056

By: ,

Date Issued  6/1/2016

Shares Issued   16,000,000     Overallotment Shares   None

S&P Rating  BBB      Moodys   Baa2

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Security Ticker Symbol   RZB

Market Traded ON   NYSE

Interest Payment Paid on the 15th of March, June, September and December beginning on 9/15/2016

Quarterly Interest   .359   Annual Interest   1.4375

Securities may be redeemed, at the issuers option, as early as 06/15/2026 for a redemption price of $25/share plus accrued interest

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Interest rate will float starting 6/15/2026 at a rate of 3 month libor plus 4.04% reset quarterly.

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   06/15/2056

 

Company Investor Relations Page for Reinsurance Group of America

Click Here for the offering Prospectus and or final pricing documents

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